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CoinDesk·3 min read·medium

Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says

O
Omkar Godbole
Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
AI Summary

Analysis from Kraken suggests that buying Bitcoin when it dips below its 200-week simple moving average has historically yielded significant median returns. The report notes that such occurrences are rare and have served as strong entry points for long-term investors.

Why it matters

This data provides a historical perspective for crypto investors evaluating market entry points during periods of price volatility.

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That level is the 200-week simple moving average (SMA), which represents the token s average price over that period, providing traders with a clear glimpse of the long-term trend while cutting through day-to-day noise.

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Confidence: 70%

The article presents market data and expert commentary while including necessary caveats about past performance.

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