Bitcoin Reclaims a Key Bear-Market Trend Line, but $80,000 Is Still the Test

By Isaac • August 24, 2026 7:06 am •

Bitcoin just cleared a level that has capped every weekly close since late 2025. That is a real technical win.

It is not the same thing as a clean breakout above $80,000.

BTC/USD finished last week at $77,727 on Bitstamp after a five-day run that reached as much as 27%. That close put Bitcoin above its 50-week exponential moving average for the first time since November 2025, according to Cointelegraph.

The 50-week EMA was sitting near $77,752, putting the weekly close almost directly on the line traders have watched throughout the bear market. The report noted that earlier bear markets produced rallies into this same long-term average before Bitcoin later fell toward its final cycle low.