Bitcoin Drops Below 730-Day Moving Average at $81,250

Bitcoin fell below its 730-day simple moving average near $81,250, marking the first breach of this multi-cycle support level in the current cycle. Market strategist Ali Martinez noted that this metric historically separates bull markets from bear phases. The $85,000–$86,000 range now represents critical resistance that will determine whether the asset recovers or extends losses toward the high-$70,000s.