Bitcoin reclaims 50-week moving average: Is the bear market over?
Bitcoin closed above its 50-week moving average for the first time in more than 10 months, finishing the week at $81,159 on Coinbase versus the 50-week average near $78,788. Some analysts view this as a historically bullish signal that can mark the end of a bear market, since prior cycles often saw strong rallies after reclaiming this level. Still, the signal is not definitive. Analysts cautioned that one weekly close is not enough to confirm a cycle bottom, and previous failed reclaims have occurred, especially in the 2021–2022 downturn. Supportive factors include Bitcoin’s rebound from July lows, reduced leverage after liquidations, and signs of renewed institutional demand. Other traders are watching different confirmation levels, including a break above $83,000 and stronger quarterly-chart momentum, before declaring a new bull market.
