Bitcoin Hits Key Support: Bull Run or Bull Trap?
Oct, 21, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

Bitcoin has returned to a key technical level that has played a central role in previous rallies. The 50-week Simple Moving Average (SMA), often called the bull market baseline by traders, has acted as a reliable support zone since early 2023.
As of press time, Bitcoin is trading at around $111,200, showing a modest daily gain while still down over the past week.
Bitcoin Hits Key Support: Bull Run or Bull Trap?
Oct, 21, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

Bitcoin has returned to a key technical level that has played a central role in previous rallies. The 50-week Simple Moving Average (SMA), often called the bull market baseline by traders, has acted as a reliable support zone since early 2023.
As of press time, Bitcoin is trading at around $111,200, showing a modest daily gain while still down over the past week.