Bitcoin traders are closely watching the 21-week moving average, as this level has historically played a key role in defining market trends. Historically, prices above this average have often signaled a shift from bearish to bullish sentiment, while a decline below it typically suggests a potential market correction. Currently, the market is experiencing a relatively mild correction, with expectations of the Federal Reserve cutting interest rates continuing to influence investors. However, unless there’s a significant downturn in the U.S. economy, the overall trend may remain manageable. Historically, many investors have found an ideal entry point for Bitcoin when prices briefly dip below this moving average before holding above it for a prolonged period. Until such a signal emerges, caution is advised to investors. #BTC