Bitcoin closed above its 50-week moving average for the first time in 10 months, reviving debate over whether the bear market has ended and a new bull run has begun.
Bitcoin surged above $84,000, reaching its highest level since January 30, 2026, after making a weekly close above its 50-week moving average for the first time in over 10 months. Analysts, however, note that a single close above this level is not enough to confirm a bull market.