@jptrscik
Bitcoin’s rally stalled at the 200-day moving average near $82,430, per CryptoQuant, marking a key test for momentum. The pullback echoes past cycles, like the 2022 relief rally before a prolonged downturn, as profit-taking rises and US demand weakens.
This pause reflects broader macro caution-rising rates and risk-off sentiment pressure speculative assets. Bitcoin’s next move hinges on Fed policy and institutional flows, with $82K now a critical line. A breakout could reignite bullish bets;...