<ul data-eligibleForWebStory="true"><li>Historically, when Bitcoin's 200WMA has exceeded its previous all-time high, it has indicated the peak of that cycle.</li><li>The 200WMA's breaching of the prior cycle's high has corresponded with previous major price tops in 2013, 2017, and 2021.</li><li>The purple trend line, representing the 200WMA, serves as a slow-moving yet influential momentum indicator reflecting long-term market sentiment.</li><li>Bitcoin is currently trading well above $100,000, and analysts are monitoring signs that the ongoing rally may be nearing exhaustion as the 200WMA approaches previous peaks.</li><li>The monthly ascent of the 200WMA, visualized through a color-coded heatmap, is accelerating, signaling increasing bullish momentum.</li><li>Bitcoin Magazine Pro suggests that a 200WMA crossing could again signal a cycle top, although some traders believe that factors like institutional demand and reduced supply post-halving might alter this historical trend.</li><li>The 200WMA crossing remains a crucial metric in the crypto space, and traders are advised to stay vigilant as Bitcoin nears this historically significant level.</li></ul>

Which Bitcoin Chart Pattern Could Signal Cycle Top Ahead

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