The blue line is what every bear on your timeline keeps pointing at on the $BTC chart

But they conveniently highlight what drives engagement and ignore what actually matters.
Every macro bottom in crypto's history has happened on the yellow line — the weekly 200MA. Not the maroon line, which is just the weekly 50MA.
2022 is the only exception, and even that came under extreme internal and external pressure. The biggest crypto companies (read: scams) imploded one after another while the SEC was actively hunting down the bad actors.
Even then we briefly deviated below it for a few months only to make a quick recovery within months.
Outside of a full system collapse, the 200MA has held every cycle. And right now, that's exactly where we are.
Don't get baited by the wrong charts.