Bitcoin’s Market Cycle Peak: Can the 200W SMA Signal a Turning Point?

Crypto enthusiasts are buzzing about Bitcoin’s potential market cycle peak, with analyst Benjamin Cowen offering insights from his @intocryptoverse platform. His analysis suggests that past Bitcoin market peaks have often been marked by the 200-week Simple Moving Average (SMA) crossing its prior all-time high (ATH). A recent study spanning from 2013 to 2025 shows this pattern, with red circles highlighting historical instances of peaks. As Bitcoin recently surpassed $100,000, the 200W SMA’s trajectory could signal an impending market peak, prompting caution among investors.