🚨 Bitcoin is facing the most critical resistance level of this cycle！
Currently, BTC’s 50-week moving average is at $81,000. Based on Bitcoin’s historical price action, this moving average line has often served as an important dividing line between bull and bear markets.
In this cycle, Bitcoin’s largest drawdown is about 54%. Although that is lower than the crash magnitudes in 2018 and 2022, the overall trend has not yet fully reversed.
📈 Notably, the MACD, RSI, and Stoch RSI have all turned positive—this is an early bullish signal.
But there is only one real confirmation point:
$81,000.
Only if Bitcoin breaks above and holds above the 50-week moving average can the market be expected to officially enter the bull market zone. Until then, this looks more like a rebound within a bear market.
In addition, Warsh will deliver a speech today at Jackson Hole. What’s worth paying attention to is that after the past three similar meetings, Bitcoin has risen steadily afterward and continued through September.
🔥 $81,000 may be the key to the next phase of BTC’s trend reversal.
$BTC
Currently, BTC’s 50-week moving average is at $81,000. Based on Bitcoin’s historical price action, this moving average line has often served as an important dividing line between bull and bear markets.
In this cycle, Bitcoin’s largest drawdown is about 54%. Although that is lower than the crash magnitudes in 2018 and 2022, the overall trend has not yet fully reversed.
📈 Notably, the MACD, RSI, and Stoch RSI have all turned positive—this is an early bullish signal.
But there is only one real confirmation point:
$81,000.
Only if Bitcoin breaks above and holds above the 50-week moving average can the market be expected to officially enter the bull market zone. Until then, this looks more like a rebound within a bear market.
In addition, Warsh will deliver a speech today at Jackson Hole. What’s worth paying attention to is that after the past three similar meetings, Bitcoin has risen steadily afterward and continued through September.
🔥 $81,000 may be the key to the next phase of BTC’s trend reversal.
$BTC
