Key facts
- Bitcoin's 50-week moving average has turned bullish.
- This technical indicator's shift suggests a potential end to the bear market.
- There is an 80% confidence of a genuine regime change in the market.
Bitcoin's 50-week moving average has turned bullish, a signal that analysts at CryptoQuant believe indicates the end of the bear market. This technical indicator's shift is associated with an 80% confidence of a genuine regime change in the cryptocurrency's market.