#Bitcoin has now closed three consecutive weekly candles below the 100-week moving average.

As of writing, BTC has spent 13 days below this long-term trendline. Historically, whenever $BTC falls under the 100-week MA, the average duration spent below it is around 267 days.

The shortest instance was just 34 days, which occurred during the extreme COVID crash — a highly exceptional event.

So if we look strictly at historical data, the odds favor more time below this level, not less.

A sharp recovery isn’t impossible, but the longer price remains under the 100-week MA, the lower the probability of a clean V-shaped rebound becomes.

From my perspective, this is still a phase that calls for patience over anticipation. Expecting an early trend reversal here is premature.

#BTC

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