$BTC is sitting at a very important point. The 200-week moving average around $64K has historically been a major line for Bitcoin. BTC recently closed a week below it, which makes the current move worth watching. But one break doesn’t confirm a new bear market. BTC has already moved back above $64K. What matters now is whether buyers can keep it there. If $64K holds, the recovery case gets stronger. If BTC loses it again and stays below, the downside risk increases.