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Bitcoin closes above 50-week average for first time in 45 weeks, signaling potential end of bear market.

Technical Signals
20 Sep 2026
Coindesk
View Source
Bullish
Bitcoin closes above 50-week average for first time in 45 weeks, signaling potential end of bear market.

Bitcoin recently closed above its 50-week moving average for the first time in 45 weeks, a key technical indicator suggesting the bear market may be over. The cryptocurrency rose nearly 6% in the week, trading around $81,450, and has gained 29% over the past 35 days. Historically, Bitcoin reclaiming this average has preceded major bull runs, although it must maintain this level to confirm a sustained uptrend. Analysts see this as a strong signal that Bitcoin's worst decline might be behind it, with potential for further price gains if it holds above the $78,115 average in coming weeks.

Bitcoin's market cap on Pluang stands at Rp29.154,06 trillion as of Sep 21, 2026, 11:02 WIB, highlighting its significant scale in the crypto market. The cryptocurrency trades at Rp1.449.443.173 with a 1-day gain of 1.72%, while the 24-hour trading volume is Rp397,64 trillion, indicating strong market activity. Despite a majority of sell orders at 77%, the typical hold time of 110 days suggests that many investors maintain a medium-term outlook on Bitcoin's price movements.

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