The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks.
Bitcoin’s latest rally has pushed the cryptocurrency above a key long-term technical indicator for the first time in about nine months, offering a potential signal that its broader downtrend is losing momentum.
Charting platform Barchart highlighted on Thursday that Bitcoin’s (BTC) price had crossed above its 200-day moving average for the first time since November 2025, roughly a month after BTC reached an all-time high above $126,000.
The 200-day moving average is widely used to gauge longer-term market trends, with moves above the indicator often viewed as a sign of bullish momentum. A sustained break above the level could therefore suggest that Bitcoin’s months-long downtrend is beginning to weaken.
Read more
cointelegraph.com