#Bitcoin - The final leg down coming?
In every cycle, the 200 & 300 MA have acted as key support zones for BTC.
• 2018 - BTC bottomed at the 200 MA
• 2022 - BTC broke below the 200 MA and bottomed below the 300 MA
Now in 2026:
• 200 MA sits around $61,400
• 300 MA sits around $54,500
The HTF structure has also turned bearish.
If BTC takes another leg down, there is a strong possibility of price testing the 200–300 MA zone again.
Historically, this area has acted as a major support and could potentially form the next bottom.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

