Bitcoin's 200-Week Moving Average Under Fire for Fourth Time

Bitcoin's price has been testing the 200-week moving average, a support level that has never been broken on a weekly close in its 15-year history. This marks the fourth time Bitcoin has touched this critical indicator, with each previous test preceding a major recovery to new all-time highs.

The current pullback comes after a peak of $126,000 in October 2025, representing a 51% decline driven by rising Treasury yields, sustained ETF outflows, and market anxiety over Strategy's $8.32 billion unrealized loss.

Historical precedents show that each previous test preceded a major recovery to new all-time highs. However, analysts caution that past performance is no guarantee of future results.