Bitcoin is about to get a major bullish signal it hasn't had in over a year
Reported by CoinDesk · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Bitcoin's 50-, 100-, and 200-day moving averages are close to aligning in a fully bullish formation for the first time since 2025, signaling that its three-month price recovery has persisted. Bitcoin rose over 40% in the third quarter to $87,000 but has recently stalled near $85,000 amid a stronger U.S. dollar. The full bullish alignment occurs when the 50-day average is above the 100-day, which is above the 200-day, indicating upward momentum.
Why it matters
The source states this development reinforces that bitcoin’s recent price recovery is genuine and notes that similar moving average alignments have preceded major rallies in the past. However, the source also cautions that this crossover strengthens the trend case but does not guarantee a sustained bull market, with bitcoin’s ability to stay above the 50-day average during corrections being a crucial test.
Key context
The last full bullish alignment was on June 24, 2025. Historical examples show that while some such alignments preceded significant rallies, others were short-lived or saw modest gains. Traders rely on moving averages to gauge trends, where short-term averages above long-term ones suggest upward price momentum.
Key numbers and entities
Bitcoin (BTC) prices mentioned include a rise to $87,000 in Q3 and current price of about $86,227. The 50-day moving average is approximately $79,495, the 100-day around $79,493, and the 200-day near $79,539. Vikram Subburaj, CEO of India-based Giottus exchange, is quoted extensively.
What remains unclear
The source does not establish how external factors like U.S. dollar strength might impact the bullish signal’s durability, nor does it specify the likelihood or timing of the full crossover occurring. It also does not include market reactions or further technical indicators beyond the moving averages.