Bitcoin closed above its 50-week simple moving average at $78,788, ending 45 weeks beneath it and meeting the threshold many institutional frameworks use to mark a shift from cyclical bear to potential bull expansion, though confirmation needs further closes. It happened in the same week the 10-year Treasury yield peaked at 5.18% on a 58.4 flash PMI reading, which halted the attempt at $90,000. One counterpoint from Popeye's Chartbook: Bitcoin may have completed minute wave 5, with the Elliott Wave structure now favoring a three-wave correction and $80,000 to $83,000 the first support to watch.