Bitcoin Is Back Above Its 200-Day Average for the First Time Since November
Bitcoin has crossed a closely watched long-term technical threshold for the first time in roughly nine months, offering a potential signal that the cryptocurrency’s extended downtrend is losi
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AnonymousCryptoCompass newsroom
August 22, 2026
1 min read
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Bitcoin has crossed a closely watched long-term technical threshold for the first time in roughly nine months, offering a potential signal that the cryptocurrency’s extended downtrend is losing its grip.
Charting platform Barchart flagged on Thursday that Bitcoin’s price had moved above its 200-day moving average for the first time since November 2025, a crossing that came approximately one month after BTC hit an all-time high above $126,000. The 200-day moving average is a widely followed indicator of longer-term trend direction, and a sustained hold above it is commonly read as a sign of recovering bullish momentum.
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