Bitcoin Faces Make-or-Break Week as Price Retests 200-Day Moving Average
Crypto analyst Michael van de Poppe says the coming week could be crucial for Bitcoin (BTC) as the leading cryptocurrency retests its 200-day moving average. A breakout above this level could mark the end of Bitcoin’s current correction phase, while failure to hold support might trigger a drop toward $25,000 or lower.
BTC has struggled to reclaim ground above $28,000, hovering around $27,000 amid growing market uncertainty. The 200-day moving average remains a key technical indicator often seen as the dividing line between bullish and bearish momentum.
Economic Events to Shape Market Sentiment
Several major economic events could influence Bitcoin’s price in the coming week. Traders are watching U.S. GDP revisions, the Federal Reserve’s FOMC meeting minutes, and the core PCE deflator, which is the Fed’s preferred measure of inflation.
Additionally, ongoing U.S. debt-ceiling negotiations could add volatility across markets, potentially influencing crypto price movements.
Analyst Sees Opportunity in Retest
Van de Poppe noted that past retests of the 200-day moving average have historically signaled strong accumulation zones for Bitcoin investors.
“If you go back in history, the 200-MA retest is a great period to accumulate,” he wrote. “In the past six months, Bitcoin has been swimming beneath it for a long period, making it the most undervalued since existence. Next week is make-or-break. A fast breakout upwards could end the correction.”
Possible Scenarios Ahead
If Bitcoin successfully breaks above the 200-day moving average, analysts suggest it could rally toward $35,000 by the end of the week. However, if bearish momentum prevails, a drop toward $25,000 remains a distinct possibility.
With crucial economic data and technical signals converging, Bitcoin traders face one of the most decisive weeks of 2025.
