34 Bitcoin Terms A to Z

Term 34 - 200 DMA

200 DMA means 200-day moving average. It's the average price of an asset over the last 200 days. A chart of the price vs. the 200 dma conveys information from the unscientific field of Technical Analysis. It is considered a support or resistance barrier. When the price is above the 200 dma it's considered bullish and when below the 200 dma considered bearish.

A 200 DMA can't be calculated until you have 200 prices.

Many charting software has the ability to add a 200 DMA line to the chart.

Go to https://finance.yahoo.com/quote/BTC-USD which will get the current price of Bitcoin

Example to calculate a 200 DMA.

Download a history for Bitcoin

Get the date and closing prices in column A and B

In cell C1 add 200 dma

In cell C201 add the formula =Average(C2:C201)

Copy and paste down from C201 to the end of the data

Example with random data

Enter in A1 "Date"

Enter in B1 Price

Enter in C1 200 DMA

In B2 enter =Randbetween(50,1000)

In A2 enter a starting date say (11/1/2010)

In A3 enter =A2+1

Copy A3 to A4:A1000

In B3 enter =B2+randbetween(-5.00,5.00)

Copy B3 to B4:B1000