BTC near $76,997, TIYlab report

TIYlab’s May 23 weekly bitcoin trading note said its model remained in a “bear regime” as bitcoin traded near $76,997 and the firm kept defensive positioning. The report listed a minus-4.4% spread versus the 200-day simple moving average, or SMA200, and weekly portfolio performance of minus 0.07%, according to TIYlab’s post on X. Broader market data on May 24 showed bitcoin near the same level, with CoinGlass listing BTC around $76,662 to $76,837 and The Block showing BTC/USD at $76,675.90. ### What exactly did TIYlab publish? TIYlab said in its May 23 post that its weekly algo-trading report covered the May 18-24 period and kept a defensive stance on bitcoin. The post said BTC was near $76,997, the SMA200 spread stood at minus 4.4%, and the weekly portfolio return was minus 0.07%. (coinglass.com) The phrase “bear regime” was TIYlab’s label, not an exchange or regulator classification. In the same post, TIYlab tied that regime call to the negative spread versus the 200-day simple moving average. ### What does a minus-4.4% SMA200 spread refer to? The 200-day simple moving average is a long-term trend measure built from bitcoin’s average closing price over 200 days. (medium.com) Bitbo’s bitcoin moving-average page says the chart tracks price alongside the 50-day and 200-day averages and is commonly used to identify longer-term trend conditions. A minus-4.4% spread means bitcoin was trading 4.4% below that 200-day average, based on TIYlab’s calculation. (medium.com) In practical terms, the model was reading spot price as still below a level many technical traders use as a long-horizon reference point. That interpretation comes from the structure of the indicator itself and TIYlab’s own “bear regime” label. (charts.bitbo.io) ### Did the broader market line up with TIYlab’s price snapshot? CoinGlass data viewed on May 24 showed bitcoin at roughly $76,662 on one market overview and about $76,837 on a short-interval monitor. The Block’s prices page showed BTC/USD at $76,675.90. Those readings were close to TIYlab’s cited $76,997 level, though not identical because crypto prices move continuously across venues and timestamps. (medium.com) CoinGlass also showed bitcoin open interest at $56.61 billion and 24-hour liquidations of $46 million on the snapshot reviewed. Those figures give market context, but TIYlab’s report itself focused on regime, moving-average spread and portfolio performance rather than derivatives positioning. ### What does the minus-0.07% portfolio result say about the strategy? TIYlab reported a weekly portfolio performance of minus 0.07%, a small move relative to bitcoin’s day-to-day swings. (coinglass.com) The figure is consistent with the firm’s statement that positioning remained defensive during the week. A Medium post published by TIYlab earlier in May described its system as willing to stay inactive when conditions do not meet its thresholds. (coinglass.com) That post said the bot had done little during a period when BTC rose 18%, and TIYlab framed that as a consequence of rule-based patience rather than discretionary trading. (medium.com) ### Where does this leave the next update? May 24 market pages from CoinGlass and The Block still showed bitcoin trading in the mid-$76,000 range when reviewed. TIYlab’s next weekly report is expected to appear on its X account, where it has been posting recurring bitcoin regime, spread and performance updates. (coinglass.com) (medium.com)