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Bitcoin's long-term support floor rises above $65,000, signaling it may never drop below this level again.

Market News
13 Sep 2026
UToday
View Source
Bullish
Bitcoin's long-term support floor rises above $65,000, signaling it may never drop below this level again.

Bitcoin's 200-week moving average, a key long-term support indicator, has surpassed $65,000 for the first time, marking a historic milestone. This moving average reflects Bitcoin's price trend over four years and has traditionally acted as a strong price floor, rarely breached except during major economic crises. The rise suggests Bitcoin's structural baseline is strengthening, making future drops below $65,000 unlikely. Currently, Bitcoin trades above this support line, indicating strong demand from long-term holders and a reduced risk of significant price declines below this threshold.

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