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🛑 BITCOIN IS RACE TO THE MA200: A HISTORICAL MOMENT OF TRUTH
Bitcoin is at a crucial technical turning point, as it is rapidly approaching the 200-Day Moving Average (MA200)—a level that has historically served as the end point for relief rallies after cycle peaks
In previous post-halving cycles (2014, 2018, and 2022), after reaching the Q4 peak, Bitcoin has always followed a pattern:
Phase 1: Price plummets after Q4 cycle peak
Phase 2 (Relief Rally): Price rebounds sharply to retest the MA200
Phase 3 (Decision): After touching MA200, price is often rejected and starts a larger downtrend (capitulation)
#Bitcoin