🔴Bitcoin Faces Rising Downside Risks🔴
BTC Loses the 200-Week SMA ⚠️
$BTC has slipped back below the 200-week SMA, a level many traders watch as a key long-term trend indicator.
This doesn’t automatically mean a major crash is coming, but it’s definitely a warning sign that market structure is weakening.
Bulls need to reclaim this level soon. Until then, staying cautious and managing risk looks like the safer move.