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

How far is price from its four-year floor?

Why we track it · The 200-week average has historically marked where full cycles bottomed — the slowest anchor we track. The other side · Four data points of 'historically'. A floor that held four times is a pattern, not a promise.

Price relative to the 200-week (1,400-day) moving average — a slow cycle baseline that has historically tracked major bottoms and tops.

1.20×Fair valueas of 2026-08-30

BTC trades 1.20× its 200-week moving average ($64,510). Cycle bottoms have historically formed near 1×, while tops have crested lower each cycle — roughly 15× in 2013, down to about 6× in 2021.

Trace this number
Latest close$77,682as of 2026-08-30
200-week SMA (1,400d)$64,510as of 2022-10-31→2026-08-30
close ÷ 200-week SMA= 1.20×

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

Divide the daily close by the 200-week (1,400-day) simple moving average of the close. 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. The series begins once 1,400 days of history exist.

Source bundled daily closes (public/btc-history.json)Processing midnight-UTC daily closes, completed days onlyLast updated 2026-08-30Next expected ~2026-09-06200-week moving average” in the glossary →

Evidence basis · ≈3 cycle bottoms observed (it needs 1,400 days, so it only exists from ~2014)

Band guide

< 1×Undervalued
1×–3×Fair value
3×–5×Elevated
≥ 5×Historically expensive

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