[Analysis Suggests Bitcoin Breaking Below 200-Day Moving Average May Test $94,200] Fairlead Strategies founder and managing partner Katie Stockton noted in a report on Monday that Bitcoin has fallen below the 200-day moving average at $109,800. The 200-day moving average is a widely-watched long-term trend indicator and a key support level for Bitcoin. She stated that this could indicate further downside for Bitcoin, with the next target potentially at $94,200.