OPN Intel
AS-OF
BTC$77,682MAYER1.12×200W1.20×PI-CYCLE41%DRAWDOWN-38%PUELL0.94×W-RSI56BMSB1.11×
AS OF 2026-08-30
← Indicators

Bull Market Support Band

Is the bull-market floor holding?

Why we track it · The 20-week SMA / 21-week EMA pair tracked every bull run's pullback floor since 2017 — a useful trend gauge. The other side · Only meaningful IN a bull market — in a bear it's ceiling, not floor, and it whipsaws at transitions.

Price relative to the Bull Market Support Band — the higher of the 20-week SMA and 21-week EMA — a widely watched trend floor.

1.11×Above bandas of 2026-08-30

At $77,682, BTC trades 1.11× its Bull Market Support Band ($70,005, the higher of the 20-week SMA and 21-week EMA). Prices holding above the band have historically marked bull phases and below it bear phases; this describes position, not direction.

Trace this number
Latest close$77,682as of 2026-08-30
20-week SMA (140d)$69,549as of 2026-04-13→2026-08-30
21-week EMA (147d)$70,005as of 2026-04-06→2026-08-30
close ÷ max(20-week SMA, 21-week EMA) — the band is the EMA today= 1.11×

The arithmetic is auditable; whether it means anything is the “other side” above. Levels are the weekly file’s completed closes — the reading stitches the live spot when available, so an intraday value can differ.

Backtest it in the Time Machine →

History

Off daily closes through 2026-08-30 (btc-history.json, weekly automated refresh); the current reading stitches the live spot when available.

How it's computed

The band is the greater of the 20-week (140-day) simple moving average and the 21-week (147-day) exponential moving average. Divide the daily close by that band level. Holding above the band has historically marked bull phases and below it bear phases; this describes position, not direction. Computed off daily closes through the latest row in btc-history.json — a price-only series refreshed weekly by an automated, validation-gated pipeline, so the tail can trail the live market by up to a week between refreshes. The current reading stitches the live spot when available.

Source bundled daily closes (public/btc-history.json)Processing 20-week SMA + 21-week EMA off calendar-bucketed weekly closesLast updated 2026-08-30Next expected ~2026-09-06

Evidence basis · ≈2 full cycles as a pullback floor (widely watched only since ~2017)

Band guide

< 0.90×Below band
0.90×–1.10×At the band
1.10×–1.60×Above band
≥ 1.60×Extended