Bitcoin's 50-Week and 100-Week Averages Signal Bear Market Continuation

News Flash 2026-04-17 15:25

Bitcoin's 50-week and 100-week moving averages, a historically reliable indicator of market bottoms, have not crossed since 2015, suggesting the current bear market may persist. Despite a recent price rebound to $75,000 from $65,000, the 50-week average remains above the 100-week average, indicating that the recent uptick might be a temporary recovery rather than the start of a new bull market. Historically, the crossover of these averages has marked the end of bear markets, occurring in April 2015, February 2019, and September 2022, each time coinciding with significant price bottoms. As of April 17, Bitcoin's price has declined from its October high of over $126,000 to around $75,000, with the averages nearing a crossover but not yet intersecting. This suggests that the broader bear market could continue before a definitive bottom is reached.

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This content is for informational purposes only and does not constitute investment advice.

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