Bitcoin cleared its 50-week moving average for the first time in 45 weeks, closing the week above a level it had been trading beneath since roughly last November. That is the signal the failed breakout scenario was built around: the risk flagged last week was a close below it repeating the pattern from late August. Instead it held, and Monday's push through $84,000 followed. It also lands a week after the golden cross on the daily chart, which analysts had noted still lacked confirmation.
September 21, 2026
The First Weekly Close Above the 50-Week Average in 45 Weeks
Original reporting: KuCoin ↗