Bitcoin Has Closed Four Straight Weeks Above Its 50-Week Average. The Last Time It Did That It Tripled Within a Year.

A rare pattern in Bitcoin's price history has only appeared twice before, and each time it triggered a dramatic move in completely opposite directions. Which outcome the current streak mirrors could define the next year for Bitcoin holders.

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Bitcoin (CRYPTO:BTC) has closed above its 50-week average for four straight weeks. As of October 12, 2026, Bitcoin is trading at $83,369, while its 50-week average sits at $76,618. If it closes below this average, it would end this current streak.

This indicator has appeared twice in the last decade, each time producing very different outcomes. In January 2023, Bitcoin climbed above the average near $23,000 and rose 217% to a high of around $73,000 by March 2024. Conversely, in April 2019, it rebounded to near $5,000 and initially surged 170% to about $13,800 by June, but then fell about 50% to about $6,500 by December of that same year.

So what does a fourth consecutive weekly close above the average suggest about what might happen next for Bitcoin holders?

What Bitcoin’s 50-Week Average Shows and Why Weekly Closes Count