200-week MA history. Will it repeat itself?

Think of Bitcoin's relationship with its 200-week Moving Average (MA) as a unique dance. It used to be a reliable indicator, like a green light for investors to buy when Bitcoin dipped below the MA.

Then came 2020. Bitcoin briefly slipped below the MA during the global market turmoil but quickly recovered, showing that the 200-week MA still had its back.

Now, the plot twist: Bitcoin started hanging out below the MA in what we call the "Accumulation Area." This is like a clearance sale for long-term investors, where they buy Bitcoin at discounted prices.

This wasn't random, Bitcoin has history, especially after "Death Crosses," when short-term MA goes below long-term. In the past, the 200-week MA was a guide for traders, signaling Bitcoin's next move. But times change, and so does Bitcoin. Now, it's more like a ceiling, suggesting Bitcoin might stay under it for a while.

The good news? Buying Bitcoin below the 200-week MA has often meant good returns, even with its new role. So, it's still a smart move for long-term investors.

In summary, the 200-week MA has a fresh role, but it's still crucial for savvy Bitcoin investors. Keep an eye on it as Bitcoin navigates these ever-changing markets.

What do you think about this? Is this still meaningful?