BTC — We’re closer to the 200W EMA than most people want to admit.
Bitcoin is currently hovering uncomfortably close to the 200-week EMA, a level that hasn’t been properly tested since mid-2023. Historically, this moving average has acted as a cycle-defining support — not just a line on the chart, but a psychological battlefield between long-term believers and late-stage panic sellers.
Right now, price is losing momentum after failing to reclaim key value areas. Volume is fading, and the weekly structure suggests a controlled pullback rather than a full trend reversal. If the market flushes, the $60,000 zone stands out as a massive confluence:
• 200W EMA
• High-volume node (VRVP)
• Previous macro breakout base
That level has absorbed fear every cycle. The real question isn’t if it holds — it’s whether we’re allowed to get that gift again.
📌 Long-term Buy Plan (Not Financial Advice):
Entry (DCA zone): $62,000 – $66,000
Invalidation / SL: Weekly close below $55,000
Targets:
🎯 TP1: $92,000
🎯 TP2: $115,000
🎯 TP3 (Cycle extension): $140,000+
If BTC never revisits the 200W EMA, that alone might be the most bullish signal of this cycle.
So what do you think —
👉 Is $60K the opportunity of a lifetime…
or just another “it’s different this time” trap?
Drop your take 👇
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