Bitcoin price chart breaking below the critical 100-week Simple Moving Average, signaling potential for a major correction.
Blockchain News

Bitcoin Price Alert: 100-Week SMA Break Sparks Fears of a $50k Slide

Global, March 2025: The cryptocurrency market faces a pivotal technical moment as Bitcoin records a weekly close below its 100-week Simple Moving Average (SMA). This significant breach of a long-term support level, observed by analysts across major trading platforms, has revived a bearish case that projects a potential 50% drawdown. The technical setup suggests a […]