‼️Bitcoin just reclaimed one of the most important long-term levels on the chart.
$BTC is trading around $77,000 after moving back above the Daily 200 MA near $69,000.
The last major bear-market cycle tells an interesting story. Bitcoin bottomed in November 2022, reclaimed the Daily 200 MA in January 2023, and that recovery helped mark the beginning of the next major bull run.
Now Bitcoin is testing a similar setup after falling roughly 54% from its 2025 all-time high of $126,199 to a low near $57,800.
The key level from here is clear: $69,000.
As long as Bitcoin continues holding above the Daily 200 MA, the bullish recovery remains intact, and the probability of further upside improves.
Lose that level again, and the structure becomes much weaker.
For now, the bulls have reclaimed an important line in the sand.
Do you think $57,800 was the cycle bottom?
(in my opinion it's not)
Share your thoughts in comments section below.
Trade with proper risk management.
$BTC is trading around $77,000 after moving back above the Daily 200 MA near $69,000.
The last major bear-market cycle tells an interesting story. Bitcoin bottomed in November 2022, reclaimed the Daily 200 MA in January 2023, and that recovery helped mark the beginning of the next major bull run.
Now Bitcoin is testing a similar setup after falling roughly 54% from its 2025 all-time high of $126,199 to a low near $57,800.
The key level from here is clear: $69,000.
As long as Bitcoin continues holding above the Daily 200 MA, the bullish recovery remains intact, and the probability of further upside improves.
Lose that level again, and the structure becomes much weaker.
For now, the bulls have reclaimed an important line in the sand.
Do you think $57,800 was the cycle bottom?
(in my opinion it's not)
Share your thoughts in comments section below.
Trade with proper risk management.
