{ "id": 53593, "date": "2025-11-07T09:39:42", "date_gmt": "2025-11-07T02:39:42", "guid": { "rendered": "https:\/\/hbbgroup.net\/warning-signals-bitcoin-365-day-moving-average-at-risk-of-collapse\/" }, "modified": "2025-11-07T09:39:42", "modified_gmt": "2025-11-07T02:39:42", "slug": "warning-signals-bitcoin-365-day-moving-average-at-risk-of-collapse", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/warning-signals-bitcoin-365-day-moving-average-at-risk-of-collapse\/", "title": { "rendered": "Warning Signals: Bitcoin 365-Day Moving Average At Risk of Collapse" }, "content": { "rendered": "
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The cryptocurrency market is currently facing significant bearish pressure, with Bitcoin (BTC) struggling to reclaim previously crucial support levels.\u00a0<\/span><\/p>\n

Recent <\/span>data <\/span><\/a>from CoinGecko indicates that Bitcoin has retraced nearly 6% over the past week, a decline that has impacted other major cryptocurrencies, including Ethereum (ETH), XRP, Binance Coin (BNB), and Solana (SOL), all of which have experienced double-digit losses during the same period.<\/span><\/p>\n

Galaxy Digital Lowers Bitcoin Price Target<\/span><\/h2>\n

This downturn marks a stark contrast to the bullish sentiment observed earlier in October, when Bitcoin surged to record its current record high slightly above the $126,000 mark due to a wave of margin buying.\u00a0<\/span><\/p>\n

However, the euphoria was short-lived, as approximately $20 billion in leveraged positions across the crypto market were abruptly liquidated just days later on October 10, contributing to the ongoing lack of confidence among investors.<\/span><\/p>\n

Michael Novogratz\u2019s Galaxy Digital recently <\/span>revised <\/span><\/a>its year-end Bitcoin price target down to $120,000, a significant cut from the previous estimate of $185,000, attributing this adjustment to the \u201csignificant leverage wipeout.\u201d\u00a0<\/span><\/p>\n

Market analytics firm CryptoQuant has pointed out that Bitcoin\u2019s drop below its 365-day moving average near $102,000 could signal a deeper retreat. This moving average has historically acted as a critical support level during this bull cycle, and its failure to hold could lead to a more substantial correction in Bitcoin\u2019s price.\u00a0<\/span><\/p>\n

In their analysis, CryptoQuant experts elaborated on the conditions necessary for Bitcoin to reverse its current trajectory and potentially reach new<\/span> all-time highs.<\/span><\/a> They observed that Bitcoin led a global risk-off movement, testing the critical $100,000 support level.\u00a0<\/span><\/p>\n

This decline was influenced by a stronger dollar and ongoing uncertainties regarding Federal Reserve (Fed) policy, which have dampened broader risk appetites across various asset classes.\u00a0<\/span><\/p>\n

Notably, there have been four consecutive sessions of approximately $1.3 billion in net outflows from US <\/span>spot BTC ETFs<\/span><\/a>, reversing what had been one of the strongest tailwinds for the market in 2025.<\/span><\/p>\n

This diminished demand in the spot market has coincided with forced deleveraging, resulting in over $1 billion in long liquidations at recent lows, which briefly breached intraday support before dip buyers stepped in.\u00a0<\/span><\/p>\n

Stabilization Of ETF Flows Crucial<\/span><\/h2>\n

The <\/span>options market<\/span><\/a> has further intensified volatility, as dealers remain net short gamma around the $100,000 strike, leading to increased hedging activity near this critical level.\u00a0<\/span><\/p>\n

The $100,000 mark now stands as a psychological barrier, and any stabilization in ETF flows could shift market sentiment, provided no new macroeconomic shocks occur.<\/span><\/p>\n

\"Bitcoin\"
BTC\u2019s price downtrend on the daily chart. Source: BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

On the macroeconomic front, the analysts <\/span>assert <\/span><\/a>that the current environment remains supportive, albeit clouded by the ongoing government shutdown in Washington. However, policy clarity remains elusive.\u00a0<\/span><\/p>\n

The Federal Reserve\u2019s recent 25 basis point cut in October, which included some dissenting opinions, was accompanied by a cautious tone that pushed back against expectations for another cut in December.\u00a0<\/span><\/p>\n

Markets are currently pricing in a 60-65% chance of a follow-up move, but as the Fed\u2019s blackout period continues, policymakers may become more comfortable with the idea of pausing, which would help maintain a firm dollar and tight<\/span> credit conditions<\/span><\/a>.<\/span><\/p>\n

For Bitcoin to break higher sustainably, CryptoQuant\u2019s analysis suggests that a reversal in exchange-traded fund outflows and renewed confidence in risk assets will likely be necessary.\u00a0<\/span><\/p>\n

Featured image from DALL-E, chart from TradingView.com\u00a0<\/span><\/p>\n<\/p><\/div>", "protected": false }, "excerpt": { "rendered": "

The cryptocurrency market is currently facing significant bearish pressure, with Bitcoin (BTC) struggling to reclaim previously crucial support levels.\u00a0 Recent […]<\/p>", "protected": false }, "author": 5, "featured_media": 53594, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 220 ], "tags": [], "class_list": [ "post-53593", "post", "type-post", "status-publish", "format-standard", "has-post-thumbnail", "hentry", "category-tien-dien-tu" ], "acf": [], "_links": { "self": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/53593", "targetHints": { "allow": [ "GET" ] } } ], "collection": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts" } ], "about": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post" } ], "author": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5" } ], "replies": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=53593" } ], "version-history": [ { "count": 0, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/53593\/revisions" } ], "wp:featuredmedia": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/53594" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=53593" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=53593" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=53593" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }