Bitcoin Fell Below Its 200-Day Average After 25 of 36 Upward Crosses

Bitcoin (BTC) fell back below its 200-day moving average within 30 days after 25 of 36 upward crosses from 2014 through October 2026. A separate holding rule produced a higher ending value and smaller modeled decline than continuous holding over the full study period. A move back under the average did not necessarily mean an investor would have lost money. Seven of the 25 crossings that reversed still ended the month with Bitcoin priced above its level a month earlier.