Turkey Freezes Assets of Fund Executives in Redemption Crisis
Silver consolidates at $66.40 in breakout coil: Live levels
Natural Gas squeezed near $2.878 ahead of breakout: Live levels
FTSE 100 today: Stocks rise as oil slips on Iran diplomacy hopes
Hang Seng tests 25,050 resistance at cloud top: Live levels
European Stock Markets Rally as Oil Prices Decline
Thai Finance Minister to Propose Extension of Consumer Subsidy Scheme
Morgan Stanley Backs Startup That Helps Homes Trade Clean Power
Europe Will Remain Global Weak Link: Market Analysis
Microsoft Launches Fourth Cloud Region in South Central India
Bitcoin (BTC) Maintains $81K Level While Ethereum Gains and NEAR Protocol Surges
Minister of Finance meets Global Chairman of PwC, CEO of Ashmore Group
XRP Surges Past $1.40 as Major Holders Add $2.2 Billion Worth of Tokens
ZetaChain (ZETA) Votes to Abandon Its Blockchain in Favor of Solana Migration
South Korea Secures Bronze in Men's Rifle Team Competition
QatarEnergy rules out LNG export pipelines
Roshn Group and TMG explore building 55,000 homes in Riyadh
Palo Alto Networks: Morgan Stanley hikes price target on AI opportunity
Strategy (MSTR) Stock Soars 48% in One Month, Leads Nasdaq-100 Performance
Starbucks to open global tech center in India- Reuters
X Corp Takes Legal Action Against Crypto Influencers in £207K Fraud Case
China's Fifth Plenary Session Scheduled for October 26-29
Ethereum (ETH) Surges Past $2,560 Resistance With Eyes on $2,760 Target
China Launches First Operational Underwater Solar Farm
Typhoon Approaches Japan's Eastern Coast, Forecasts Heavy Rain and Strong Winds
Job Market Improves for Americans Without College Degrees
Humanoid robot sales reach 7,000 units worldwide in 2025
Australia stocks higher at close of trade; S&P/ASX 200 up 0.01%
Trafigura to float supertanker arm in first IPO of a business
Markets Anticipate Key Global Meetings Amid Quiet Trading Session
China's Stock-Sale Stamp Duty Surges Amid AI Trading Boom
Key African Central Banks Set to Keep High Rates as Buffer Against Shocks
The OeNB’s Martin Kocher on the Eurosystem’s inflation outlook
Sazerac plans takeover bid for Berentzen at €5.55 per share
Why is CXMT stock climbing today?
China Advances in Sodium-Ion Battery Technology Over Western Competitors
Horizons Middle East & Africa 9/21/2026 (Video)
Markets Can Handle a Hawkish Fed, Not Uncertainty: Taking Stock
Bitcoin Surges Above $80,000 Despite Fed Rate Hike and Regulatory Setback
Three South Korean Soldiers Injured in Explosion Near Military Demarcation Line
China's Biopharma Stocks Surge Amid US Drug Deal Considerations
US spirits maker Sazerac launches takeover bid for Germany’s Berentzen
Fed, BoE probe bank exposure to trading firms after Jane Street loss - report
KRW/USD: South Korea Starts Trial Run of 24-Hour Won Settlement System
Australian Data Center Operator Firmus Plans $5 Billion IPO
Black Sea Impasse Adds to Global Economic Damage (Video)
FTSE 100 Live: Stocks Set to Rebound, Pound Holds Below $1.34
Rising Fuel Subsidies Strain Public Finances Amid Energy Crisis
Federal Reserve and Bank of England Increase Scrutiny of Banks' Trading Firm Exposure
Meta’s Facebook, Instagram recover after brief outage in US
South Korea's Presidential Chief of Staff Kang Hoon-sik Resigns
EM Investors Are Favoring Local Bonds as Dollar Debt Lags
China Unveils Five-Year Plan for Pharmaceutical and Biomedicine Development
Tech lifts share markets in Asia as oil slips
Key FX Option Expiries Impacting EUR/USD and USD/JPY on September 21
Jefferies Begins Coverage of Lotus Bakeries with Buy Rating and €15,000 Target
Nepotism at Berkshire
China’s CXMT shares rise as new DRAM platform enters mass production
Yen steadies as intervention threat persists
BHP Group Focuses on Modified Blast Furnace Technologies in New Agreement
Five takeaways from Germany’s regional elections
US Fed, BoE step up scrutiny of bank exposure to trading firms after Jane Street loss, FT reports
Trump and Xi to Meet in Washington Amid Trade Tensions
VinFast-Linked Taxi Company Expands to Motorbike Services in Jakarta
US Diesel Tops $6.50 as Worsening Global Crunch Feeds Inflation
Emerging-Market Stocks, Currencies Gain After US-China Talks
Vienna and Rome spearhead red tape bonfire to boost EU competitiveness
How money moved across Mark Walter’s empire
AUD/USD Remains Steady Above 0.7100 Ahead of Trump-Xi Discussions
Bitcoin (BTC) Surges Past Critical 50-Week Moving Average After 45-Week Absence
Key Takeaways
- BTC finished above its 50-week moving average for the first time in nearly a year, settling the week around $81,159.
- Historical analysis by Galaxy Research indicates that 11 out of 13 prior successful reclaims of this technical level were not succeeded by fresh cycle lows.
- The leading cryptocurrency has rallied approximately 29% over the last 35 days and posted its strongest weekly closing price in four months.
- Market observers are closely monitoring whether BTC can sustain its position above the moving average, which currently sits near $78,000.
- Prominent trader Ted indicated that a decisive move above $83,000 would validate the cycle bottom and presented a forecast for BTC’s trajectory over the coming two to three years.
Bitcoin has achieved a significant technical milestone by closing above its 50-week moving average for the first time in 45 weeks, bringing renewed attention to this important long-term price benchmark.

BTC concluded Sunday’s trading session at approximately $81,159 on Coinbase, positioning itself above the 50-week moving average situated near $78,788. This marked Bitcoin’s strongest weekly close in the past four months.
The digital asset posted gains of nearly 6% throughout the week. Over the preceding 35 days, Bitcoin has climbed roughly 29%.
Rather than just momentarily piercing resistance, Bitcoin’s weekly candle confirmed a close above the moving average. Technical analysts frequently rely on weekly closes to evaluate longer-term market trends.
Historical Significance of Bitcoin’s 50-Week Moving Average
The 50-week moving average represents Bitcoin’s average weekly closing price over approximately one year. Throughout previous bear markets, this metric has frequently served as a formidable resistance level.
Alex Thorn, head of Galaxy Research, has previously characterized this indicator as a price ceiling that Bitcoin has found challenging to overcome during prolonged downtrends.
Galaxy’s analysis examined 13 instances when Bitcoin reclaimed the 50-week average. In 11 of those cases, BTC avoided setting a new cycle low afterward.
Past successful breakouts above this level occurred in January 2012, October 2015, May 2019, and March 2023. Each instance followed substantial Bitcoin price declines.
The March 2023 breakthrough came after Bitcoin bottomed near $15,500 in 2022. BTC subsequently climbed to a record high near $126,000 in October 2025.
However, the indicator hasn’t been foolproof. Reclaims in December 2021 and March 2022 were ultimately followed by additional downside, with Bitcoin eventually declining toward $16,000.
Bitget’s chief analyst Ryan Lee stated that this latest weekly close bolsters the argument that Bitcoin’s recovery phase has begun. Nevertheless, he emphasized that additional weekly closes and consecutive higher lows would offer stronger validation.
Market Analysts Target $83,000 as Critical Bitcoin Resistance
Multiple market participants are now shifting their attention to $83,000 beyond just the moving average.
Cryptocurrency trader Craig Cobb noted that a decisive break above $83,000 would eliminate the lower high formation on Bitcoin’s monthly chart, indicating the longer-term downtrend would be invalidated.
Cobb is additionally tracking Bitcoin’s three-month candle formation. He explained that the historical red-to-green quarterly pattern he analyzes has resulted in a new all-time high in 11 out of 11 previously confirmed occurrences.
Analyst Ted echoed a comparable price target on X. Ted suggested that a Bitcoin surge past $83,000 would confirm the market cycle bottom, subsequently outlining his expected price trajectory for BTC spanning the next two to three years.
Bitcoin was trading in the $81,450–$81,700 range, maintaining its position above the 50-week moving average while remaining under the $83,000 threshold that multiple traders are monitoring closely.
Source: Parameter