Another test of the 21 Day MA, another rejection.

Nothing new there.

This level has been the line in the sand for weeks now, and price continues to respect it. That tells you everything about the current state of the market. Compressed, cautious, and waiting for a trigger.

If Bitcoin manages to break and hold above the 21 Day MA, especially around New Year’s Day, that would not be a random move.

Historically, that exact reclaim has marked the shift from distribution to expansion and kicked off the next leg higher.

Until that happens, this remains range behavior. Chop, frustration, and fake signals designed to drain patience.

The key is simple. Watch the reclaim, not the noise. A clean break and hold above the 21 Day MA changes the short term structure and opens the door for momentum to return. Until then, discipline beats prediction.