Bitcoin Approaches Full Bullish Moving-Average Alignment for First Time Since Mid-2025

Key facts

• Bitcoin's 50-, 100- and 200-day moving averages are on the verge of a fully bullish alignment for the first time since mid-2025
• The 50-day moving average stands at around $79,495, the 100-day average around $79,493, and the 200-day average approximately $79,539
• A bullish moving-average alignment occurs when the 50-day average rises above the 100-day average and the 100-day average moves above the 200-day average
• Vikram Subburaj, CEO of India-based Giottus exchange, told CoinDesk the crossover would restore the bullish order for the first time since June 24, 2025
• Bitcoin gained more than 40% during the third quarter, climbing toward $87,000 before momentum slowed
• As of October 5, Bitcoin traded around $86,400, up roughly 1.9% over 24 hours, according to CoinMarketCap data
• Bitcoin has maintained support around 83,000; a break below could expose it to a pullback toward $80,000
• The RSI has fallen from near overbought territory to around 52, indicating weaker upward momentum
• A bullish alignment on October 27, 2020, when Bitcoin traded around $13,600, remained until May 2021, with Bitcoin climbing above $64,000
• An alignment in November 2023 saw Bitcoin rise from roughly $35,000 to around $73,000 by May 2024
• The June 2025 alignment lasted around 97 days, with Bitcoin rising from approximately $106,000 to $112,000
• A June 2024 setup lasted just 20 days before Bitcoin fell about 10%
• Subburaj said the more consequential test is whether Bitcoin can remain above the 50-day average near $79,500 during its next correction
• A stronger U.S. Dollar Index has coincided with Bitcoin's recent advance, potentially pressuring risk-sensitive assets