{"id":58034,"date":"2025-11-12T09:16:46","date_gmt":"2025-11-12T09:16:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58034"},"modified":"2025-11-12T09:16:46","modified_gmt":"2025-11-12T09:16:46","slug":"is-this-the-start-of-bitcoins-next-major-correction","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58034","title":{"rendered":"Is This the Start of Bitcoin\u2019s Next Major Correction?"},"content":{"rendered":"
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Bitcoin is trading near $103,500 after slipping 2% in the last 24 hours. It remains slightly higher on the week, but traders are paying close attention to a key technical level: the 365-day moving average.<\/p>\n

This line has supported price during past rallies and is now being tested again.<\/p>\n

Testing a Proven Support Level<\/h2>\n

The 365-day moving average has held up in earlier stages of this market cycle. In several cases, Bitcoin bounced from this level and went on to post large gains. Notable rebounds from this line included moves of over 190%, 124%, and 65% in previous phases of the current uptrend.<\/p>\n

In mid-2022, however, Bitcoin failed to hold this line. According to Satoshi Stacker, when that break happened, the price dropped by about 66% before finding a floor. This shows that while the average can act as a base during rising trends, a break below it may shift momentum in the opposite direction.<\/p>\n

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Bitcoin is testing the 365 day moving average.<\/p>\n

This level has supported $BTC<\/a> throughout the bull market and previous bounces from it turned into major new uptrends. However, the last time BTC fell below this level, it dropped -66% before bottoming. pic.twitter.com\/qhBzjVLtZT<\/a><\/p>\n

\u2014 Satoshi Stacker (@StackerSatoshi) November 12, 2025<\/a><\/p>\n<\/blockquote>\n