The article is discussing the state of Bitcoin's current support levels, specifically the 200-day moving average (MA200). It suggests that the MA200 has been tested multiple times and is becoming weaker with each test. If the MA200 fails, the next support level is the yearly moving average (MA365), which has historically prevented deeper losses. However, reaching this level could cause panic and shake market confidence. The article emphasizes that the next few days will be crucial in determining whether Bitcoin will experience a major drop or regain control. To shift momentum and regain confidence, Bitcoin must reclaim the $95,000 price level. Without this breakout, the market could continue to decline towards MA365. Traders and investors are closely watching these developments as the next move could have lasting effects on the market.



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