Adam Back Highlights Bitcoin's 200-Week Moving Average Moving Above $61,000
Blockstream CEO Adam Back said on May 30, 2026 that Bitcoin's 200-week moving average (200WMA) moved above $61,000, following a prior update on May 4 when it cleared $60,000. The indicator is widely tracked as a long-term trendline often cited as a divider between bear and bull phases. Separately, Bitcoin hit $72,364 on May 29 after four straight down days, and was last quoted at $73,544, down 0.05% over 24 hours.