CryptoQuant.com wrote on the X platform that the bitcoin price has fallen below its 365-day moving average ($102,000), a level that is a key technical and psychological support level. The last time it fell below it was in the early stages of the bear market in 2022.
If the price fails to regain this moving average, the data suggest that the next support level could be around $7,200, close to the trader's lowest realizable price range.
Bitcoin price has fallen below the 365-day moving average
2025-11-06 03:29:43
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