Bitcoin’s Weekly Chart Flips Bullish As 40-Week Trend Turns Higher — Analyst Says ‘Super Cycle’ Is Here

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.

Why Is This Cycle Different?

The market around the chart is changing too, Thorne said. He pointed to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) and tokenization. He said they are moving Bitcoin and other digital currencies out of a purely speculative cycle and into the plumbing of the financial system.

He pointed to tokenised Treasuries, on-chain settlement, and regulated stablecoins. “That is a different bid than the last cycle. Yes a Super Cycle,” said Thorne.