BloFin Research|Aug 24, 2026 08:23
BTC reclaimed its 200-day SMA (simple moving average) on the Aug 19–20 break, first time above it since October 2025.
The 50-day SMA is now rising toward it.
A crossover = golden cross, the same setup that preceded significant rallies in Oct '23, Oct '24, and Apr '25.
Not confirmed yet. A close back below the 200-day SMA invalidates it and marks the move as only a bear market relief rally.(BloFin Research)
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