This simple indicator has called every bottom since 2015. It hasn't triggered yet
CoinDesk·2h ago·Neutral
What Happened
A moving average indicator has accurately predicted Bitcoin's major market bottoms since 2015, crossing three times. The 50-week average falling below the 100-week average signals bear market ends. Currently, this indicator hasn't triggered, suggesting the recent bounce to $75,000 may be temporary and broader weakness could continue.
Key Entities
Bitcoin50-week moving average100-week moving averageBear market$75,000$65,000