Bankless Co-Founder: Bitcoin's 200-Week Moving Average Risk is Manageable Bankless co-founder David Hoffman tweeted that Bitcoin's current price is right at the 200-week moving average, approximately $62,416. He pointed out that historically, BTC has only fallen below this moving average during the Terra/3AC/FTX cascading collapses — the most contagious systemic crises in crypto history. The potential risk of STRC issuance by Strategy is far from reaching the intensity of those past crises and is unlikely to trigger a similar level of systemic shock.