200-Day EMA Becomes Bitcoin’s Crucial Support

[nihalsari]

Bitcoin’s 200-day EMA is emerging as the key level to watch. The trendline has held since April, echoing previous bull cycles where BTC found long-term support. If broken, BTC risks sliding toward $100,000, though some analysts expect a multi-week consolidation before recovery. Trader Dentoshi noted BTC has “bottomed around the 3-day 100 EMA” in this cycle, often taking over a month.

[Nahid10]

The 200-day EMA remains a key technical line — holding above it could confirm a mid-term bullish setup.

[EmTeam]

Traders are watching this level closely; losing it might trigger another correction phase.