Bull Market Support Band.
The 20-week SMA and 21-week EMA form a dynamic band on the price chart. Holding above keeps the bull market alive.Price is trading above both moving averages — macro uptrend is in force. Pullbacks into the band have historically been support; losing the lower edge would signal a trend break.
Price has lost the band and now trades below both moving averages. Macro bias is bearish until the upper edge is reclaimed.
On BTC, the band has held as support through every retest during the 2020–21 bull run and again during 2023–24. Losing it has marked every macro trend break. Reclaiming it has signalled the start of every recovery.
The shaded zone between the two MAs is the band itself. Price above the upper edge = bull regime intact. Price below the lower edge = bear regime. Inside the band = transitional / chop.
On a younger asset the cycle history is short — perhaps one clean rejection from the band and one reclaim so far. As more cycle data accumulates, the band's reliability as a regime gauge will improve.
DCA modulator: inside the band → 2× weekly buys (the support-zone accumulation), above the upper edge → 1× baseline DCA, below the lower edge → skip the buy until reclaim.