As Bitcoin trades around the closely watched 100-week moving average, a breakdown below the same level in a major institutional stock is reinforcing cautious sentiment across the market.
Bitcoin has been hovering near its 100-week simple moving average for nearly three weeks following its pullback from all-time highs. This indicator is widely used to assess long-term trend strength and is often seen as a final support zone during bullish market cycles.
Historical data shows that Bitcoin has previously found support around this level during major corrections. Reflecting roughly two years of price action, the average has marked areas where selling pressure temporarily subsided, helping stabilize the market.
The warning sign comes from the equity of a large institutional holder closely tied to Bitcoin exposure. The stock fell below its 100-week average in November and saw losses accelerate shortly afterward. In past cycles, similar moves were interpreted as early signals of weakness for Bitcoin itself. Analysts now stress that holding this key level could pave the way for recovery, while a breakdown may increase downside pressure.
