BACK ABOVE THE 200-WEEK MOVING AVERAGE
Bitcoin is back above the 200-week moving average — a level worth watching closely.
The 200W MA has historically been an important long-term trend signal for BTC. After similar recoveries in the past, Bitcoin experienced powerful moves higher.
📈 If the previous pattern repeats, $100K+ within the next 3 months could become a possibility.
But this time, the weekly closes matter.
Holding above the 200W MA is more important than simply touching the level.
Maybe the bottom is already in.
Maybe the next big Bitcoin run has just started. 🚀
DYOR — Do Your Own Research.
Bitcoin is back above the 200-week moving average — a level worth watching closely.
The 200W MA has historically been an important long-term trend signal for BTC. After similar recoveries in the past, Bitcoin experienced powerful moves higher.
📈 If the previous pattern repeats, $100K+ within the next 3 months could become a possibility.
But this time, the weekly closes matter.
Holding above the 200W MA is more important than simply touching the level.
Maybe the bottom is already in.
Maybe the next big Bitcoin run has just started. 🚀
DYOR — Do Your Own Research.