Bitcoin’s 2-Year Weekly Trend Breaks After Close Below Key Moving Average

Published at 2026-02-23 20:00:09

On Feb 23, 2026, Bitcoin’s weekly candle finished below a widely watched long-term moving average for the first time in roughly 30 months, breaking a persistent two-year pattern of weekly closes above that line. The technical breach removes a clear trend anchor many market participants used to define the bullish regime, turning attention to whether this is a genuine reversal or a temporary pullback.

The immediate implication is increased downside risk and heightened volatility until weekly confirmation arrives. Analysts will be watching follow-through on volume, nearby support zones, and macro or on-chain flows to judge whether new price lows could materialize. A decisive reclaim of the moving average would blunt bearish momentum, but a sustained close below it would strengthen signals for further weakness — prompting many traders to tighten risk management.

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