Is Bitcoin's Bear Market Low In? A Signal Absent for 45 Weeks Returns

Bitcoin (BTC) has appreciated roughly 30% since August, and despite a volatile September, the largest cryptocurrency has stayed in the green for the month with gains of 3.33%.

Beyond those gains, Bitcoin has also flashed a key signal, suggesting the bear market lows for this cycle may be in. Alex Thorn Says this Bitcoin Signal Has Confirmed Past Bottoms That signal arrived on Sunday.

Bitcoin posted its first weekly close above its 50-week moving average since November 2025. No weekly close had finished above that average in the 45 weeks since.

Alex Thorn, head of firmwide research at Galaxy, flagged the close and pointed to what it has meant in earlier cycles. “Regaining the 50w MA has historically served as strong confirmation that bear market lows are in,” he said.