Bitcoin charts showing medium-term trend

The Bitcoin chart with a moving average is a key tool in technical analysis, used to smooth out price fluctuations and help identify trend direction over time. This type of chart not only shows the current price of Bitcoin, but also a line representing the average price over a specific period (e.g. 50 or 200 days), making it easier to spot patterns in market behavior.

The on-chain MVRV (Market Value to Realized Value) chart of Bitcoin shows the relationship between Bitcoin's market capitalization (Market Value) and the value at which it was purchased (Realized Value).

The STH Realized Price (Short-Term Holder Realized Price) chart offers detailed insight into the behavior of short-term Bitcoin holders. This indicator is especially useful for understanding the average base cost of bitcoins that have been moved recently (i.e. those held by investors who bought or received their bitcoins within a relatively short period, typically less than 155 days).

The Bitcoin Realized Price chart focuses on the average cost of bitcoins in circulation based on their price during the last time they were moved on-chain i.e. the last price at which they were purchased.