Bitcoin has closed a weekly candle above its 50-week simple moving average for the first time during this cycle, and analyst Sean Hagan assigns approximately 80% confidence to this marking a genuine regime change. In this Chart of the Day, Hagan and Grace Remington examine why this indicator has historically served as the dividing line between bull and bear market phases, what a single additional weekly close would confirm, and the only two instances in Bitcoin’s history where the signal failed to hold. With Bitcoin rallying nearly 10% over the past week and pushing past $86K, the timing aligns almost precisely with the typical one-year span from all-time high to cycle bottom.
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