Bitcoin Loses 200-Week Trend Line, Echoing 2022 Bear Market

The 200-week moving average had held as a bear-market floor in prior cycles, so a close below it matters less as a signal than as a test of whether that pattern still describes this market. The audience here is anyone using long-horizon technical levels to frame risk, and the practical question is whether this close proves to be a brief break or the start of a sustained regime. Whether the level is reclaimed in coming weeks is the open question.