- Bitcoin’s MA200 support weakens after three tests, risking a drop to MA365.
- Bulls must reclaim $95,000 to regain control and prevent further downside.
- A breakdown from MA200 could trigger panic, shaping Bitcoin’s trend for months.
Bitcoin—BTC, hangs by a thread. The 200-day moving average (MA200) has held firm, but pressure keeps mounting. Bulls have defended this level three times, but each test has weakened the foundation. One more failure could trigger a sharp drop. The next support sits at the yearly moving average (MA365), a level not touched in months. A relief rally may come, but not before testing deeper waters. The next move could decide the market’s fate.
#BTC 1D update
As I expected, $BTC tested the MA200 for the third time.
With each test the support gets weaker & weaker.
If MA200 gives up (which is now likely) we’ll have to touch the yearly MA (MA365) before any relief rally 📈There’s only one Key Level to regain – $95k 📍… https://t.co/HnIqZidjgL pic.twitter.com/5I84YMf3yG
— CryptoBullet (@CryptoBullet1) March 9, 2025
MA200 Weakens—Cracks Begin to Show
A fortress withstands attack after attack, but no wall lasts forever. Bitcoin’s MA200 has taken heavy hits. Each bounce off support grows weaker, showing that buyers lose strength. Bears keep pushing, and this level may not hold much longer. If MA200 fails, the next safety net rests at MA365. This yearly moving average has saved Bitcoin from deeper losses in past cycles. But reaching that level could cause panic. Market confidence already sits on shaky ground. A major drop could shake even the strongest hands.
Bulls Must Reclaim $95,000 to Reverse the Trend
A breakdown from MA200 would confirm bearish momentum. Many traders expect this outcome, adding to selling pressure. Fear spreads quickly when key support gives way. The next few days will determine whether Bitcoin sinks or survives. One price stands between bulls and control—$95,000. Bitcoin must reclaim this level to shift momentum. Without that move, bearish forces remain in charge. Buyers need to step in fast, or the slide could continue.
A strong push above $95,000 would signal renewed confidence. Traders would see a reason to buy, and momentum could shift. Without this breakout, the market drifts lower, inching closer to MA365. Bitcoin now faces a defining moment. Hold MA200 and rally, or break down and test MA365. The battle unfolds in real time. Traders watch closely, knowing the next move could reshape the market for months.