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Bitcoin's 13-week moving average crosses above 34-week for first time in 3.5 years, signaling bullish trend.

Technical Signals
12 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin's 13-week moving average crosses above 34-week for first time in 3.5 years, signaling bullish trend.

Bitcoin (BTC) experienced a significant bullish crossover on its weekly chart as the 13-week exponential moving average surpassed the 34-week average for the first time in 3.5 years. This crossover, noted on October 12, 2026, indicates a potential upward trend in Bitcoin's price momentum. Such a technical signal is often viewed by investors as a positive sign for future price gains, suggesting renewed strength in the market. This development could influence investor sentiment and trading strategies in the near term.

Bitcoin's market cap stands at Rp29.824,9 trillion as of October 12, 2026, 21:42 WIB, highlighting its substantial presence in the digital asset market. On Pluang, Bitcoin trades at Rp1.478.339.248 with a slight 1-day decline of 0.24%, while the 24-hour trading volume reaches Rp420,43 trillion. Despite the recent technical bullish crossover noted in the news, Pluang's order activity shows a majority of 68% Buy orders, indicating ongoing investor interest and engagement with Bitcoin.

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