Bitcoin Technical Analysis: The Importance of the 50-Week Moving Average

The price trend of Bitcoin continues to maintain a long-term upward trend. TradingShot points out that since the bear market bottomed out in 2018, the 'cyclical pivot' trendline has garnered attention. Additionally, Bitcoin's historical price movements exhibit cyclical symmetry. The duration of the pre-halving phase typically reflects the bull market cycle after the halving. If this pattern persists, Bitcoin could peak between December 2025 and January 2026, and may potentially reach $400,000 above the 'cyclical pivot' trendline.

The 50-week moving average (1W MA50) has become a key support level in Bitcoin's bull market cycle. In August, BTC rebounded from this level twice, maintaining upward momentum. It is crucial for Bitcoin to stay above this moving average for the continuation of the bull market. Historical cycles indicate that periods before and after halving are symmetrical. If this pattern continues, BTC is expected to peak at the end of 2025 to the beginning of 2026.