$BTC just hit the 50-week simple moving average — a line that's historically separated bull markets from deeper corrections.
This is a critical technical level. In past cycles, holding above the 50W SMA has kept the bull intact. Breaking below it? That's when things get messy.
The next few sessions will tell us whether buyers step in here or if we're headed for a more prolonged drawdown. Watch this level closely.
This is a critical technical level. In past cycles, holding above the 50W SMA has kept the bull intact. Breaking below it? That's when things get messy.
The next few sessions will tell us whether buyers step in here or if we're headed for a more prolonged drawdown. Watch this level closely.
