Bitcoin has dipped below its 50-day Exponential Moving Average (EMA50) for the first time since April 2025, signaling a potential bearish trend. This technical indicator, typically a medium-term support level, has failed to hold, raising concerns among traders and analysts about a shift in market sentiment. With the EMA50 breach, attention has turned to the 200-day EMA and key psychological levels, such as $25,000, as potential support zones. This development may prompt increased caution among short-term investors, while long-term holders might remain steadfast despite the market volatility.