Definition
The 200 Week Moving Average (200W-SMA) The 200 Week Simple Moving Average provides a tool capturing the baseline momentum of a classic 4 year Bitcoin Cycle. Yearly Moving Average (365D-SMA) The 365 Day Simple Moving Average provides a long standing baseline for high time-frame market momentum.  Long-Term Holder Realized Price reflects the average on-chain acquisition price for coins held outside exchange reserves, which have not moved within the last 155-days. These reflect the least probable coins to be spent on any given day.Quick Take
Bitcoin surpasses $26,000 and, on the way, broke multiple resistance levels. The 200 WMA was at $25,277. The 365 DMA was at $24,448. Long-term holder realized price at $21,958. Technical Pricing Models: (Source: Glassnode) Cost Basis Cohorts: (Source: Glassnode)The post Bitcoin breaks multiple key resistance levels on path to $26K appeared first on CryptoSlate.