Good morning.
Bitcoin clears a level that has marked past cycle turns.
Bitcoin reclaimed its 50-week moving average for the first time in 45 weeks, a level that has historically preceded major bull runs.
But one weekly close is not confirmation yet.
Regime check:
• Above EMA
• Greed at 70
• Trend slope turning upward
Participation looks broad this morning, with majors moving together rather than one asset pulling the rest.
Question now:
Does this hurdle mark the real trend shift...
or does it need more weeks to confirm?
XRP Coffee Break later ☕
$BTC
Bitcoin clears a level that has marked past cycle turns.
Bitcoin reclaimed its 50-week moving average for the first time in 45 weeks, a level that has historically preceded major bull runs.
But one weekly close is not confirmation yet.
Regime check:
• Above EMA
• Greed at 70
• Trend slope turning upward
Participation looks broad this morning, with majors moving together rather than one asset pulling the rest.
Question now:
Does this hurdle mark the real trend shift...
or does it need more weeks to confirm?
XRP Coffee Break later ☕
$BTC