Bitcoin has just briefly surpassed $82,000. In doing so, it is breaking above its 50-week moving average. This level has marked the end of four of the five previous comparable bear markets. Nevertheless, the signal remains incomplete, as it must be confirmed by a weekly close. A failure below the $81,000 to $86,000 zone would bring the $71,800 and $62,000 supports back to the center of trading.

The Bitcoin article that crosses a decisive threshold for the end of the bear market appeared first on Cointribune.