Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average, a long-term technical benchmark that has historically served as a key support level throughout bitcoin’s market cycles.

The 200-week moving average (200W MA) is widely monitored by traders and analysts as a major trend indicator. It measures bitcoin’s average closing price over approximately four years and is often used to identify whether the market is entering a broader bullish or bearish phase.

Strategy has added the metric to its market tracking alongside bitcoin’s premium or discount compared with the 200W MA. Founder Michael Saylor revealed the update on X on Sunday, highlighting the indicator’s importance for investors watching long-term price trends.

“We’re now tracking Bitcoin’s 200-week moving average and its premium to that level on Strategy.com. Since the 200W MA became available, Bitcoin has traded above it 92% of the time. Today, it sits almost exactly on the line,” Saylor said.

Bitcoin later came under pressure as market participants weighed concerns over a potential delay to the CLARITY Act, a regulatory proposal expected to provide more certainty for the crypto sector and encourage institutional participation. Reports suggested the Senate did not place the bill on its Monday schedule.

According to CoinDesk data, bitcoin was trading around $63,000, slightly below the 200-week simple moving average, which was near $63,770.

Moving averages are among the most popular tools used by traders to assess market direction while reducing the impact of short-term price fluctuations. These levels can become even more significant when influential companies or investors draw attention to them. Strategy currently owns 843,775 BTC, worth around $53 billion.

Key averages such as the 50-day, 100-day, and 200-day moving averages, as well as their weekly versions, often become important areas where market momentum changes. They can serve as resistance levels during rallies or provide support during downturns.

Historically, bitcoin’s 200-week moving average has acted as a major recovery zone during bear markets. Previous cycles have seen selling pressure ease when prices reached this level or moved below it.

Kraken analysts noted that bitcoin purchases made when the asset trades below its 200-week moving average have historically produced median returns exceeding 113% after one year and more than 313% after two years.

Whether the current market cycle will repeat those historical trends remains uncertain.