$BTC has now closed below its 100-week moving average (MA) for the third consecutive week, staying under this key long-term trendline for 13 days.

Looking at history:
BTC has typically remained below the 100w MA for an average of 267 days once it breaks it.

The shortest period below was just 34 days, during the Covid flash crash.

Implication: While a quick rebound is possible, the longer BTC stays under this trendline, the lower the odds of an immediate recovery. Historically, extended periods below the 100w MA tend to persist.