"Bitcoin (BTC) extends short-term rally… focus on whether it can reclaim the 200-week moving average"

Bitcoin (BTC) has risen more than 5% over the past 24 hours to regain the $67,000 level, and an analysis says it is now approaching the 200-week moving average, a key gauge of the long-term trend.

According to Cointelegraph, a cryptocurrency-focused media outlet, on the 25th (local time), Bitcoin is maintaining its short-term upward momentum despite the U.S. government's announcement of additional tariffs. The 200-week exponential moving average (EMA), currently around $68,330, is being highlighted again as a key resistance level.

The 200-week moving average has served as a long-term support level, but it has been breached during the recent sharp sell-off. The analysis said that "if this week's close finishes above that moving average, additional upside momentum could form."

The market views this zone as a near-term inflection point for a rebound, and depending on whether it breaks above, the possibility of a medium-term trend reversal is also being discussed.