Bitcoin ‘Super Cycle’ Could Be Here As Weekly Trend Turns Bullish

Trump's economic policies are paying off, according to Thorne, as productivity, wages, and manufacturing jobs rise, which could ultimately benefit Bitcoin.

• James E. Thorne said the 30-week and 40-week moving averages have turned higher since the June low.
• The pullback from the 2025 high found support at the rising 200-week average, keeping the long-term uptrend intact, said Thorne.
• He linked the setup to the GENIUS Act, tokenization and the Federal Reserve's rate hike as a “policy mistake.”

Bitcoin (BTC) is bullish on the weekly chart, according to Wellington-Altus Chief Market Strategist James E. Thorne. He said two major moving averages have turned upwards. He referred to the setup as a “Super Cycle.”

Bitcoin’s weekly chart is one of the best-looking setups in the market, Thorne said in a post on X. The decline from the 2025 peak found support at the 200-week average and stopped, he said. That stretched the long-term uptrend, he said.

The 30-week and 40-week exponential moving averages have flipped from down to up since the June low, he said. He said the price has since recovered. 

Thorne described it as a change from a bearish to bullish intermediate trend. “Weekly momentum is confirming, not diverging.” he added.