High Alert
CryptoSlate

Bitcoin just crossed the line that ended 4 out of 5 bear markets, but one deadly historical trap could still trigger a crash to $62,000

Bitcoin just crossed the line that ended 4 out of 5 bear markets, but one deadly historical trap could still trigger a crash to $62,000WorldPing

Bitcoin registered an intraday high above $82,000 on Sept. 3, pushing above the 50-week moving average that Galaxy Research says marked the definitive end of four of Bitcoin's five comparable completed bear markets.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

More coverage: all crypto & markets news on WorldPing.

Related news

Fidelity Isn’t Calling a Bottom yet Despite Bitcoin Price RallyWorldPing
Bitcoin.com

Fidelity Isn’t Calling a Bottom yet Despite Bitcoin Price Rally

Fidelity Digital Assets says bitcoin’s best month since November 2024 is not proof the bear market is over, and its research chief is keeping November 2026 circled as a possible date for a fresh low.

Brief by WorldPing · Original reporting by Bitcoin.com