Bitcoin recovers the 50-week moving average for the first time in more than 10 months
- Bitcoin closed the week above the 50-week moving average for the first time in 45 weeks, surpassing the $81,000 mark, signaling that market momentum may be shifting.
- Historical analysis shows that reclaiming the 50-week moving average often indicates that the bearish market has set a bottom, although past performance does not guarantee future results.
- Despite the recent rally, Bitcoin is still about 30% lower than a year ago and 35% below the all-time high reached in October 2025, as market volatility continues amid legal developments and the influence of rising interest rates.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin closed the week above the 50-week moving average for the first time in 45 weeks, surpassing the $81,000 mark, signaling that market momentum may be shifting.
- Historical analysis shows that reclaiming the 50-week moving average often indicates that the bearish market has set a bottom, although past performance does not guarantee future results.
- Despite the recent rally, Bitcoin is still about 30% lower than a year ago and 35% below the all-time high reached in October 2025, as market volatility continues amid legal developments and the influence of rising interest rates.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
