Bitcoin 2-Year MA Multiplier

The Bitcoin 2-Year Moving Average (MA) Multiplier is one of the most commonly used technical indicators for investors seeking to understand long-term trends and potential market turning points. This metric is calculated by dividing the Bitcoin price by its 730-day (approximately 2-year) moving average. This allows investors to easily see how the current price compares to its historical average.

The 2-year period is particularly meaningful because it covers roughly half of Bitcoin’s 4-year cycles. This helps filter out short-term volatility and provides a clearer view of both bull and bear market structures. When the multiplier falls below 1, Bitcoin trades below its 2-year moving average, which is generally considered a “value zone” for long-term investors. When the value rises above 1, the price is above the average; historically, values above 3 are associated with market peaks. Conversely, a multiplier below 0.5 has historically indicated strong bottom zones.

The 2-Year MA Multiplier chart on this page serves as a guide for those evaluating Bitcoin price movements from a long-term perspective. Investors can see where the price stands relative to the moving average and assess the risk-reward balance accordingly. While this indicator alone is not sufficient for making decisions, when used alongside other on-chain metrics and technical analysis tools, it provides a powerful guide for understanding market cycles.