Presented here is a Bitcoin Daily Moving Average Calculator. This tool helps analyze the daily moving averages of Bitcoin over a selected timeframe. You can calculate and visualize daily moving average crossovers, which can indicate potential bullish or bearish trends.
Using the Bitcoin daily moving average calculator
To effectively use this tool to analyze daily moving averages in a Bitcoin investment, follow these steps:
- Starting Date: Enter the date when you want to start analyzing moving averages.
- Ending Date: Enter the date when you want to stop analyzing moving averages.
- Moving Average Periods: Enter the number of days for the two moving average periods you want to compare (e.g., 50 and 200 days).
- Calculate: Click the Calculate button to view the moving averages and potential crossovers.
- Graph: Click the Graph button to visualize the moving averages and crossovers on a chart.
Understanding moving average crossovers is useful. They can indicate potential bullish or bearish trends in the value of Bitcoin, providing insights into the market's momentum.
Special features
The Bitcoin Daily Moving Average Calculator offers a few unique features:
- Moving Average Calculation: Calculates the moving averages for the specified periods over the selected date range. If you use the Calculate button, I put the crossovers in a table for your copying and pasting needs.
- Crossovers: Identifies potential bullish and bearish crossovers, helping you understand market trends.
- Interactive Graphs: Visualize moving averages and crossovers with interactive charts that highlight key points. I put the current trend in the chart subtitle, and label all crossovers with 📈 or 📉 for bullish and bearish, respectively.
Why moving averages matter
Moving averages are a popular technical analysis tool used to smooth out price data and identify trends.
A common strategy is to use two moving averages of different lengths, such as the 50-day and 200-day moving averages. When the shorter moving average crosses above the longer one, it can signal a bullish trend (known as a "golden cross"). Conversely, when the shorter moving average crosses below the longer one, it can signal a bearish trend (known as a "death cross").
For more information on moving averages, their significance, and interesting research, visit the CME Group's guide to Moving Averages and Meb Faber's timing model.
Methodology and data sources
The calculator uses historical price data for Bitcoin from CoinGecko and Bitcoinity. I've also built a Bitcoin Return Calculator, a Bitcoin Drawdown Analyzer, a Bitcoin to USD tool, and a USD to Bitcoin calculator.
Disclaimer
While we strive to provide accurate and up-to-date information, the results from this calculator are for informational purposes only and should not be considered financial advice. Past performance is not a guarantee of future returns. Conduct your own research, and always consult with a financial advisor before making investment decisions.
We hope this tool aids you in making informed decisions about Bitcoin investments. For more financial tools, check out our Investing category page.
