Sentiment: Negative
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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
By Gino Matos at 2026-09-07 14:08
Sentiment: Negative
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. Galaxy's signal requires a weekly close above that line, and the Sept. 3 push through it happened well before the week's close. […] The post 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 appeared first on CryptoSlate. Continue reading...
Categories: Analysis
Tags: #Analysis #Featured #Macro #Market #Price Watch #Bitcoin #BTC
Source CryptoSlate