200-week SMA holding or breaking? That's the line between continuation and pain.

We're deep enough into this cycle where it matters less as a bounce zone and more as a last-resort floor. Historically, touching it mid-cycle = buying opportunity. But if we're grinding it now, late-stage? Different story.

Watch how $BTC reacts on the next test. Clean bounce = bullish structure intact. Chop or breakdown = liquidity grab incoming.