Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says
CoinDesk 2026-06-18 05:08:05
Context: Bitcoin's price has recently dipped below its 200-week moving average, a rare occurrence that has historically signaled a buying opportunity with significant returns. According to Kraken, purchasing bitcoin at such times has yielded over 100% in median returns. This trend has been observed in the past, making the recent slip a potentially lucrative entry point for investors.
Key Facts
- Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that has historically marked strong entry points for buyers.
- Purchasing bitcoin below its 200-week moving average has historically delivered over 100% in median returns, as reported by Kraken.
- The 200-week moving average is a closely watched indicator in the cryptocurrency market, with deviations from it often signaling potential buying or selling opportunities.
- Kraken's analysis suggests that buying bitcoin at prices below the 200-week moving average has been a profitable strategy in the past, with median returns exceeding 100%.
- The recent instances of bitcoin's price dropping below the 200-week moving average may present a similar buying opportunity for investors, according to Kraken's historical data.