Every Zipp story tagged #200DMA, newest first.
BTC is down roughly $10K in weeks and got rejected precisely at the 200-day moving average — the same level that marked the top in 2018 and 2022, suggesting the seasonal drawdown still has weeks to…
The 200-day has rejected BTC in every prior midterm bear year except 2014 — and the average drawdown from the January open across those years points to roughly $51K–$52K by summer.
The channel's base case is a rejection here or a brief tag of the 200-day followed by a rollover into Q4 — echoing 2014, 2018 and 2022, where midterm-year counter-trend rallies stalled and then…
Every prior bear market since 2014 has used the 200DMA as a ceiling — the only question is whether this attempt behaves like 2018's rejection or 2019's brief overshoot.
Benjamin Cowen