ANALYSIS / LONG-TERM CYCLES

Bitcoin Long-Term Analysis

Explore price relative to long-term averages. Historical reference lines are not future price targets or trading instructions.

BTC / USD · Confirmed daily average price

$81,472.50

Price date (UTC): 2026-10-18

Bitcoinity · Bitstamp BTC/USD · daily average

Last successful collection (KST): 20/10/2026, 06:36:15

Actual coverage: 2011-09-17 → 2026-10-18

Data provided by Bitcoinity · UTC daily average prices for Bitstamp BTC/USD, not daily closes. The indicators below are daily-average variants; values and crossing dates may differ from close-based originals. The unfinished current day is excluded.

200-Week Moving Average

1.226×

2026-10-18

2-Year MA Multiplier

—

2026-10-18

Pi Cycle Top

0.475×

2026-10-18

Mayer Multiple

1.125×

2026-10-18

01 / 200-Week Moving Average

200-Week Moving Average

Compare price with almost four years of confirmed Sunday daily averages.

1.226×

2026-10-18 UTC

Deviation: 22.6%

Formula · interpretation and limits

Daily-average variant · may differ from the close-based original

SMA200W = Σ(last 200 confirmed Sunday daily averages) / 200

The average is not a guaranteed floor. A line is shown, not an unverified replica of the original heatmap.

Indicators are calculated over the full preparation history before display filtering. Gaps and insufficient history remain null; the unfinished current day is excluded.

After the Monday 00:00 UTC boundary, the mean uses 200 confirmed Sunday daily average prices. These are not weekly closes; unfinished Sunday observations are excluded.

Indicator reference

02 / 2-Year MA Multiplier

2-Year MA Multiplier

See how many times the two-year average Bitcoin is trading at.

—

2026-10-18 UTC

Insufficient consecutive confirmed observations for this indicator.

Formula · interpretation and limits

Daily-average variant · may differ from the close-based original

SMA730 = Σ(last 730 daily averages) / 730; upper = 5 × SMA730

The 5× line is a historical reference, not this cycle’s price target.

Indicators are calculated over the full preparation history before display filtering. Gaps and insufficient history remain null; the unfinished current day is excluded.

Indicator reference

03 / Pi Cycle Top

Pi Cycle Top

Watch whether the 111-day average crosses twice the 350-day average.

0.475×

2026-10-18 UTC

No new upward crossing on latest confirmed day · Last crossing: 2021-04-12

Formula · interpretation and limits

Daily-average variant · may differ from the close-based original

ratio = SMA111 / (2 × SMA350); cross: prior < 1, current ≥ 1

An empirical indicator that matched some historical tops. No crossing does not mean safety or guaranteed gains.

Indicators are calculated over the full preparation history before display filtering. Gaps and insufficient history remain null; the unfinished current day is excluded.

Indicator reference

04 / Mayer Multiple

Mayer Multiple

See how many times the 200-day average Bitcoin is trading at.

1.125×

2026-10-18 UTC

Formula · interpretation and limits

Daily-average variant · may differ from the close-based original

Mayer Multiple = P / SMA200

0.8 and 2.4 are historical references only. A multiple of 1.5 means price is 50% above the average.

Indicators are calculated over the full preparation history before display filtering. Gaps and insufficient history remain null; the unfinished current day is excluded.

Indicator reference

Sources & references

Gamma (Operator)Published Last updated