Bit Digital 200-week moving average: where's the cycle bottom?

BTBT Composite SMA Squeeze & Derived Risk Metric

Reading the moving-average chart

Weekly candle labelled : the plotted close is $0.7726. Compare it with the three averages at the same candle below. A positive gap means the close is above that average; a negative gap means it is below.

AveragePlotted valueClose vs average
20-week average$1.38-44.1%
100-week average$2.25-65.7%
200-week average$2.52-69.4%

The lower panel reads 0.126 on a 0–1 scale. It averages the chart’s 20-, 100- and 200-week sigmoid risk readings. This is a model indicator, not a probability of loss or a forecast of the next price move.

Weekly candles are labelled by period end, so the current candle may be incomplete. See how composite moving-average risk works and the research methodology.