Bitcoin closed a weekly candle above its 50-week moving average for the first time in 45 weeks, Alex Thorn of Galaxy reported on September 21, 2026, after the cryptocurrency climbed back above $81,000.<\/p>\n
The recovery puts BTC at a historically important technical level, although past cycles offer no guarantee that the June low will hold.<\/p>\n
Thorn has been tracking the 50-week moving average as a ceiling during bear markets, and in an August research report, he explained<\/a> that Bitcoin had repeatedly struggled to regain the line during previous downturns.<\/p>\n Now, he\u2019s saying<\/a> that the resistance has finally given way.<\/p>\n \u201cBTC CLOSES WEEK ABOVE 50-WEEK MOVING AVERAGE FOR FIRST TIME IN 45 WEEKS,\u201d he wrote. \u201cRegaining the 50w MA has historically served as strong confirmation that bear market lows are \u2018in.’\u201d<\/p>\n The historical record is notable, but it comes with a qualification. Thorn\u2019s study found that in four of the five completed bear markets that lost the 50-week average, the first weekly close back above it was followed by no lower low. The exception was the 2021-2022 downturn, when BTC briefly reclaimed the average twice before falling further.<\/p>\n But according to the analyst, the present downturn remains provisional, and a single weekly close above a moving average cannot establish that a new bull market is underway.<\/p>\n However, fellow market watcher Joe Consorti offered a more bullish interpretation, writing<\/a> that a close above the average had historically carried a 75% chance of marking cycle lows, rising to 100% if you exclude the Covid crash.<\/p>\n \u201cThe bear is slain. Welcome (tentatively) to the bull market,\u201d he posted on X.<\/p>\n Bitcoin\u2019s latest price data puts it above $81,000, up about 1% in 24 hours and nearly 5% over seven days. The monthly gain is about 4%, while BTC remains nearly 30% lower over the past year and 35% below its October 2025 all-time high.<\/p>\n The move follows a turbulent<\/a> week, with the OG crypto falling toward $75,000 after the US Senate failed to advance the CLARITY Act, before recovering despite a 25-basis-point Federal Reserve hike to 3.75%-4% and a Bank of Japan increase to 1.25%, which marked a 31-year high.<\/p>\n Bitwise CIO Matt Hougan noted that the price had climbed even as prediction markets cut the odds of CLARITY moving forward.\u00a0The rebound also brought renewed attention to the $82,000 area, where BTC\u2019s advance stalled<\/a> over the weekend.<\/p>\n The post Bitcoin Reclaims 50-Week Moving Average for the First Time in Over 10 Months<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin closed a weekly candle above its 50-week moving average for the first time in 45 weeks, Alex Thorn of Galaxy reported on September 21, 2026, after the cryptocurrency climbed back above $81,000. The recovery puts BTC at a historically important technical level, although past cycles offer no guarantee that the June low will hold. […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-230175","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230175"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=230175"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/230175\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=230175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=230175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=230175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Where BTC Is At Currently<\/h2>\n