ChainThink reports that, according to market analysis, Bitcoin rose approximately 25% over the past week, reaching near $80,000, but the 50-week simple moving average (50W MA) remains a key technical resistance level for determining whether the current bear market has truly ended, with the current level situated in the range of approximately $81,000 to $82,000.
Galaxy Research states that historically, in completed bear markets, BTC has formed its bear market bottom 11 times upon reclaiming the 50-week moving average.
If Bitcoin can reclaim this moving average at the weekly close, historical patterns suggest the current bear market is likely over. Meanwhile, Bitcoin has broken above the daily 50-day, 100-day, and 200-day moving averages, indicating a clear strengthening of short-term momentum.
However, some analysts note that the 7-day price change rate has reached a rare high not seen in nearly five years, and historically, such extreme readings have often been followed by short-term pullbacks or consolidation. The market will closely watch whether Bitcoin can effectively break through and hold above the 50-week moving average to confirm a trend reversal.