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Bitcoin focused Treasury Firm Strategy ($MSTR) Begins Tracking BTC’s Key Long-Term Technical Level
['Omar Faridi']
Crowdfund Insider
Bitcoin-focused treasury company Strategy (NASDAQ:MSTR) has started actively monitoring the cryptocurrency’s 200-week moving average, according to a recent announcement from its founder and executive chairman.
Michael Saylor shared the development, noting that the company has integrated tracking of Bitcoin’s 200-week moving average into its public resources.
We’re now tracking Bitcoin’s 200-week moving average and its premium to that level on https://t.co/uGbtzwJ4Pu.
The 200-week moving average represents a long-term trend measure calculated from nearly four years of weekly closing prices.
By adding the 200-week moving average to its website tracking tools, Strategy provides an accessible reference point for the long-term health of Bitcoin’s price structure.