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Michael Saylor: Bitcoin trades near its 200-week moving average after holding above it 92 percent of the time

Michael Saylor: Bitcoin trades near its 200-week moving average after holding above it 92 percent of the time
Bitcoin near key 200-week average

Michael Saylor highlights that Bitcoin is currently trading almost exactly on its 200-week moving average. According to Saylor, since the 200-week moving average became available, Bitcoin has traded above this level 92 percent of the time.

He also notes that the premium to this average is now being tracked on an external platform.

Saylor has previously cautioned that changes to the Bitcoin protocol require strong consensus and attention to its fee structure, noting the network’s reliance on hard consensus for security. He has also expressed concerns that BIP 110 could risk invalidating some valid, fee-paying Bitcoin transactions over spam concerns. These earlier comments reflect his focus on the technical and transactional integrity of the network.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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