According to @QCPgroup, BTC has dropped 27% from its all-time highs, erasing nearly all 2025 gains, with a weekly close below $100k and a breach of the 50-week moving average that confirms a cautious tone, source: @QCPgroup. According to @QCPgroup, the $100k weekly close and the 50-week MA are key reference levels for traders to gauge near-term risk and directional bias, source: @QCPgroup.