Pantera Capital flags shift in Bitcoin positioning as price breaks key moving average

BitcoinWorld Pantera Capital flags shift in Bitcoin positioning as price breaks key moving average Pantera Capital, a prominent digital asset investment firm, has observed a notable change in market behavior, with traders and funds reportedly moving from short to long positions on Bitcoin.

The shift comes as the cryptocurrency recently broke above its 200-day moving average, a technical indicator closely watched by institutional investors.

Market correction and recovery According to Cosmo Jiang, a portfolio manager at Pantera Capital, Bitcoin experienced a significant correction of roughly 50% over a ten-month period. This downturn followed a peak of approximately $126,000 reached in October 2025.

However, the asset has demonstrated renewed strength, rallying more than 23% over the past week, which has contributed to the changing sentiment among market participants.