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Bitcoin trades below 50WMA after rejection at key level, Jordan Kerridge notes

Bitcoin trades below 50WMA after rejection at key level, Jordan Kerridge notes
Bitcoin remains below 50WMA key level

Jordan Kerridge highlights that Bitcoin is poised to close another weekly candle below its 50-week moving average (50WMA), which he describes as its most important moving average over the past 3.5 years.

According to Kerridge, Bitcoin touched the 50WMA for the first time since late 2025 last week and was rejected. This week, the cryptocurrency has again failed to reclaim this key technical level.

Kerridge has previously argued that poor planning and emotional trading are the main causes of crypto investor losses, rather than coin selection, in a recent analysis focused on trading behavior. He has also reported on early IPO talks at Anthropic, where the company is considering a potential $2 trillion valuation according to early meetings with investors led by CFO Krishna Rao. Both reports highlight his continued focus on market structure and investor actions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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