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200 Week Moving Average Heatmap

Monthly heatmap on the percent change of the 200 week moving average

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Percent Increase In Monthly Moving Average

Erläuterung

The 200-Week Moving Average Heatmap chart uses a color heatmap to show the percent increase in the 200 week moving average, showing a colored point relative to that movement every 4 weeks. Historically when the colors reach the orange/red range it has been a good time to sell Bitcoin as the market is overheating, while also Bitcoin's price has historically bottomed out around the 200 week moving average. Of course past occurrences of this pattern does not guarantee it will happen in the future.

Hinweise

Chart concept originally created by Twitter user, Plan B - @100trillionUSD

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