Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over?

Bitcoin (BTC) posted its strongest August since 2017, but September brought renewed volatility after hawkish Federal Reserve signals and strong employment data pressured risk assets.

Daily golden cross appears

The daily chart showed a classic golden cross, where the 50‑day simple moving average crossed above the 200‑day simple moving average. This is the first such crossover since the death cross of November 2025, and historically the pattern has preceded notable BTC rallies.

Weekly perspective matters

Analysts at BloFin note that a lasting trend reversal requires confirmation on the weekly chart. Bitcoin is currently trading above its 200‑week moving average (200W MA) but remains below the 50‑week moving average (50W MA). The 200W MA has historically acted as a long‑term support level, while the 50W MA has separated major recoveries from temporary relief moves.

Historical context of the 200‑week MA

Bitcoin has spent most of its history above the 200W MA, with cycle lows often forming near this line. Unlike the S&P 500 and gold, Bitcoin’s 200W MA has never posted a weekly decline, reflecting four years of long‑term appreciation.

What’s needed for a confirmed bull market?

For a stronger signal, Bitcoin would need to close above the 50W MA on the weekly chart, turning that resistance into support. A weekly close above the 50W MA would suggest the market has moved beyond its previous bear‑market structure, though waiting for this confirmation could mean missing early upside.