After falling nearly 45% from its all-time high of $126,080, Bitcoin broke below its 365-day simple moving average late last year. Historically, this level has acted as a long-term trend filter — and when it’s lost, it often signals the start of a broader bear market.
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Signs Of a Cryptocurrency Bear Market Have Emerged – Savvy Investors Have Begun Protecting Their Funds
After falling nearly 45% from its all-time high of $126,080, Bitcoin broke below its 365-day simple moving average late last year. Historically, this level has acted as a long-term trend filter — and when it’s lost, it often signals the start of a broader bear market.