Bitcoin’s 13-week exponential moving average crossed above its 34-week EMA on October 12, 2026, a bullish signal that hadn’t occurred in three and a half years. This crossover, highlighted by David Cox, technical analyst at Raymond James, was accompanied by a positive MACD histogram, confirming growing buying momentum. At the time of the signal, Bitcoin was trading around $82,810, down about 1% intraday, within a range between $82,810 and $84,000. This weekly configuration adds to a bullish alignment of the 50-day, 100-day and 200-day moving averages observed since mid-2025, providing additional confirmation of a medium-term trend reversal.
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