Bitcoin cycle position
Updated dailyDescribes where Bitcoin stands now against its long-term average price. It does not predict direction or recommend trades.
200-week moving-average multiple
1.16×
Neutral zone
Shows Bitcoin's price as a multiple of its roughly four-year (200-week) average.
Lower zone ≤ 1× · Upper zone ≥ 3×
Price source: public exchange quotes (daily closes)
Data as of 2026-11-01 (UTC)
2-year moving-average multiple
0.88×
Lower zone
Shows Bitcoin's price as a multiple of its roughly two-year average.
Lower zone ≤ 1× · Upper zone ≥ 3×
Price source: public exchange quotes (daily closes)
Data as of 2026-11-01 (UTC)
Puell multiple
—
Being prepared while the definition and data are confirmed.
Shows the daily value of newly mined Bitcoin as a multiple of its one-year average. It is being prepared while the definition is finalized using block-level issuance data.
Data as of Nov 2, 11:20 KST
How to read this screen
- A zone is just the name of the current position
It only states whether the value is below, between or above the set boundaries. It says nothing about future direction or timing. - Each indicator uses different data
The moving-average multiples are calculated from public exchange daily prices. An indicator whose data could not be read, or whose definition is still being fixed, is left blank. - Boundaries are reference lines
Zone boundaries are reference lines that start from commonly used values; this indicator does not assert that price will rise or fall.