BTC price regained its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond buybacks.
Bitcoin’s latest rally pushed the cryptocurrency above a key long-term technical indicator for the first time in nearly nine months, a possible signal that its broader downtrend is losing momentum.
Charting platform Barchart highlighted on Thursday that the price of Bitcoin (BTC) broke above its 200-day moving average for the first time since November 2025, almost a month after BTC reached an all-time high above $126,000.
The 200-day moving average is widely used to gauge long-term market trends, with a move above the index often seen as a sign of bullish momentum. A sustained break above the level could therefore signal that Bitcoin’s month-long downtrend is beginning to weaken.
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