Bitcoin has reclaimed its 200-day moving average, ending one of its longest stretches of technical weakness that extended well past nine months. The asset traded below this key threshold for 270 consecutive days through late July 2026, hovering in the $64,000 to $65,000 range while the moving average sat between $69,000 and $75,000. In May 2026, a first attempt to break through failed, with Bitcoin reaching approximately $82,400 before being rejected at this resistance level. Traders who use this indicator as a dividing line between bull and bear territory view the crossing as a notable shift in market structure, as periods above the average have historically aligned with the more constructive phases of Bitcoin’s market cycles.
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