Analysis: Although Bitcoin may fall further, this does not mean the market trend is over.

Matrixport analysis points out that Bitcoin's price is currently approaching its 21-week moving average, an indicator that has proven valuable across multiple timeframes. Analyst Markus Thielen states that while further downside is possible, this does not signify the end of the trend. This reminds investors that rather than being swayed by short-term market fluctuations, it's better to refer to time-tested indicators as a stable basis for decision-making.