What Bitcoin Did Every Time It Fell to Its 200-Week Average - Yahoo Finance

Bitcoin has fallen to its 200-week moving average, a key support level for long-term investors, as it trades around $68,700.

The cryptocurrency is 45.5% below its all-time high of $126,080 from October 6, 2025, and has dropped to an intraday low of $67,555, its lowest since August 19.

This support line has been broken before, but each previous dip offers insight into what typically follows.

On-chain analytics firm CryptoQuant puts Bitcoin about 19% below a recent peak, and selling pressure is evident in Wall Street's fund products.

U.S. spot Bitcoin ETFs posted $284.1 million in net outflows on November 12, their sixth consecutive day of withdrawals, with the iShares Bitcoin Trust accounting for over 70% of that total.

Historical pattern

According to analysts at crypto exchange Bitfinex, Bitcoin has closed below $75,400 for six consecutive days, roughly the average price recent buyers paid.

Many of these buyers now face losses and could sell during rebounds, adding supply as Bitcoin tries to regain that level.

Bitfinex says a weekly close above roughly $68,000 keeps the long-term trend intact.

Bitcoin's weekly price record shows four instances since 2018 when it fell to or below the 200-week average. Each one led to higher prices within a year, although the timing and the size of the recovery varied.

The 2022 dip ran the longest: the FTX collapse pushed Bitcoin lower to $15,598, and a $27,912 weekly close didn't come until March 2023.