- Analysts said Bitcoin's move back above the 50-week moving average on a weekly closing basis for the first time in 45 weeks raises the possibility that the bear market is ending and a new uptrend is beginning.
- According to Galaxy Research, in 11 of the 13 times Bitcoin moved back above the 50-week moving average since 2011, it did not fall below its prior low again.
- CoinDesk said Bitcoin is currently trading at about $81,450, with the 50-week moving average near $78,115, and that whether it can stay above that level in the coming weeks will be the key variable for the durability of the uptrend.
Bitcoin Closes Above 50-Week Moving Average for First Time in 45 Weeks, Signaling Bear Market May Be Over
Bitcoin closed above its 50-week moving average on a weekly basis for the first time in 45 weeks, a move that suggests the bear market may be ending and a new uptrend could be starting.
bloomingbit
Publisher
Sep 21, 2026 at 5:08 AM UTC · 2 분 소요
Entities
bitcoin
Market Impact
BTC+2.13%$81,939
Last Updated
3시간 전
번역 중…
Forecast Trend Report by Period
Bitcoin closed above its 50-week moving average on a weekly basis for the first time in 45 weeks, a move that suggests the bear market may be ending and a new uptrend could be starting.
CoinDesk reported on September 21 that Bitcoin rose about 6% in the week ended September 20, finishing above its 50-week moving average. Its gain over the past 35 days has expanded to about 29%, with the cryptocurrency now trading around $81,000.
Alex Thorn, head of research at Galaxy, said the breakout could be an important signal that Bitcoin's bearish phase has ended. The key point, he said, is that Bitcoin did not merely move above the average intraday but actually closed the week above it.
Market Context
Bitcoin
BTC
$81,980
+2.18% (24H)
Market Cap
$1.64T
24H Volume
$18.7B
24H High
$82,074
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