MicroStrategy (MSTR) Rises to 6-Month High as Bitcoin (BTC) Price Struggles Key Moving Average

However, Monday’s price action meant that BTC briefly recovered the 200-day moving average, which currently sits at $63,575 per TradingView data, but ultimately failed to hold above it. A move and hold above that key level would reaffirm bitcoin’s uptrend, as lows around $52,000 were reached in the first week of September.