2026-01-18 19:34:59

Bitcoin versus gold comparison tells quite a story. Since 2021, this relationship has been stuck in a pretty brutal downtrend, and that's got to explain why altcoin sentiment feels so toxic right now across the board.

So what happens next? The real tell is watching the 21-week moving average closely. This line matters—a lot. Should it give way, you're looking at something that hasn't occurred since the 2020 bull cycle. That's the threshold that would signal a meaningful shift in trend structure.

Right now, that 21-week MA is functioning as the key support level to monitor. If price action breaks below it decisively, you're dealing with fresh territory that could reshape how traders view both the overall market cycle and risk appetite for alternative coins.

BTC0.17%

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SilentAlpha

· 2h ago

If the 21-week MA really breaks, we're doomed. Bitcoin and gold are indeed interesting, but honestly, I'm more concerned about how long altcoins can last. This downward trend is really intense, feeling worse than 2018. In my opinion, breaking the support level is just a matter of time. Those still sleepwalking retail investors need to wake up. If there's a breakout, so be it. Anyway, I've already cut my losses and run.

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FlippedSignal

· 2h ago

Will the 21-week MA breakdown really be that dangerous? It feels like the boy who cried wolf again.

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GateUser-2fce706c

· 2h ago

The 21-week moving average is a threshold that has long been said to become a watershed. Those still hesitating will ultimately regret it. I repeatedly emphasized this logic last year — for the market structure to change, it depends on how long this line can hold. Once it breaks, a new phase truly begins, so don't wait until it's too late to regret.

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FlatTax

· 2h ago

If the 21-week MA really breaks, we will have to redefine the "bottom." --- Gold benchmarks are useless; now it's all about how long this line can hold. --- If it breaks, it breaks. Anyway, altcoins have been dead for a long time. --- Waiting to see if it can hold this support. --- First time since 2020? That’s going to be so tragic. --- If this wave really goes down, how many people will get liquidated? --- The key support levels are right here; it's a gamble on whether it can hold.

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RuntimeError

· 2h ago

The 21-week MA breaking is really a sign of doom... --- Everyone is watching the 21-week moving average, it feels like the entire market is waiting for this moment --- Altcoins are so toxic that their sharp decline is really related to BTC's fall --- Once it breaks through, everything changes completely; no matter what, we need to re-evaluate this market --- Gold can't compare to Bitcoin; this has been said for a long time --- The day the 21-week MA breaks feels like it's getting closer and closer... --- A new frontier? Just hearing it makes people uneasy... --- Once that line is broken, the entire risk appetite probably needs to be redefined --- Situations unseen since 2020, thinking about it deeply is terrifying --- Can this support level hold now, or is it inevitably going to break

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