BTC
-
Bitcoin May Seek 20-Month Trend Line Reclamation
Bitcoin is attempting to reclaim its 20-month moving average at $87,165, a level identified by CryptoQuant as a critical "inflection frontier" that historically precedes new all-time highs. The on-chain analytics firm's market cycle signals and bull-bear market indicators suggest Bitcoin is in a bull market, with historical data showing successful breakouts from this level leading to new cycle highs. The 20-month SMA also converges with Bitcoin's 2026 opening price, reinforcing its importance as resistance.
2026-10-19