BTC has reclaimed its 50 week EMA, a trend indicator that has historically marked some of the most important transitions during major Bitcoin drawdowns. One statistic getting attention is that a close back above this level has historically been followed by the end of the bear market in roughly 84% of the observed cases. That sounds bullish. But I wouldn't treat the number as a signal saying “$90K next” automatically. The more important question is whether Bitcoin can actually close above the 50 week EMA and then hold it as support. We've seen plenty of technical indicators look perfect right before the market invalidated them. If BTC holds the reclaim, the next area around $90K becomes an obvious level to watch. If the price loses the 50 week EMA again, the whole signal becomes much less convincing. Personally, I'm more interested in the weekly close than the intraday move. One candle can create a breakout. Holding the level is what turns it into a trend. #BTC Price Analysis# $BTC #Altcoin Season#