Bitcoin’s 200-Week Moving Average Hits $50K – Bullish Signal for Long-Term Dominance
Bitcoin just flashed its most reliable bullish signal yet—the 200-week moving average surged past $50,000, cementing its status as the ultimate hodler's metric.
Why this matters: When BTC's long-term baseline climbs, it drags the entire market along for the ride. This isn't day-trader territory—it's the institutional playbook screaming 'accumulate.'
The cynical twist: Meanwhile, Wall Street still can't decide if crypto is 'digital gold' or a 'speculative asset'—as if their own balance sheets aren't propped up by fairy dust and Fed printers.