A chart shared by Bitcoin Magazine Pro highlights a critical signal from Bitcoin’s long-term trend indicator — the 200-week moving average (WMA).
Historically, each time Bitcoin’s 200WMA has surpassed its previous all-time high, it has marked the peak of that cycle.
The chart shows that in past bull markets, BTC reached its macro top just as the 200WMA pushed above the prior cycle’s high. This pattern was observed during major price tops in 2013, 2017, and 2021. The purple trend line, representing the 200WMA, acts as a slow-moving but powerful momentum gauge that filters short-term volatility and reflects long-term market sentiment.
Currently, Bitcoin sits well above the $100,000 level. As the 200WMA climbs toward previous all-time highs, analysts are closely watching for signs that the current rally may be approaching exhaustion. The monthly rate of increase in the 200WMA — shown with a color-coded heatmap — is also accelerating, signaling rising bullish momentum.
Bitcoin Magazine Pro warns that if the same pattern repeats, this crossing could once again indicate a cycle top. Still, many traders argue that with institutional demand, ETF flows, and reduced supply post-halving, structural changes may shift this historical behavior.
In short, the 200WMA crossing remains one of the most-watched metrics in crypto, and traders should be alert as Bitcoin approaches this historically significant threshold.
Source: https://coindoo.com/which-bitcoin-chart-pattern-could-signal-cycle-top-ahead/