Bitcoin Reclaims 50-Week Moving Average for First Time in 45 Weeks

Bitcoin has reclaimed its 50-week moving average for the first time in 45 weeks, a technical milestone that Galaxy Research notes has historically signaled the end of bear markets in 11 out of 13 instances. With the 50-week average now at approximately $78,115, this level serves as a critical support-resistance pivot. Bitcoin has rallied 29% over the past 35 days, supported by a significant $433 million inflow into US spot Bitcoin ETFs on Friday, with Fidelity's FBTC leading the surge.