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Opinion: Bitcoin has broken below the 200-day moving average and may test $94,200.

2025-11-049012 Views

according to The Wall Street Journal, Katie Stockton, founder and managing partner of Fairlead Strategies, stated in a report on Monday that Bitcoin has fallen below the 200-day moving average of $109,800. The 200-day moving average is one of the most widely watched indicators for defining long-term trends and also serves as support for Bitcoin. This may signal that the cryptocurrency will further decline, with the next target potentially at $94,200.

Opinion: Bitcoin has broken below the 200-day moving average and may test $94,200.

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