Bitcoin Price Reclaims 1,130-Day SMA as Bullish Cycle Signals Strengthen

NewsMon, 24 Aug 2026 17:43:55 UTC2 hours ago
Bitcoin Price Reclaims 1,130-Day SMA as Bullish Cycle Signals Strengthen
Bitcoin price has reclaimed a long-term 1,130-day SMA that previously acted as a key cycle-bottom indicator. BTC is now trading near $79,000, but elevated RSI and an upper Bollinger Band breakout suggest that while the broader structure remains bullish, short-term consolidation could still occur.
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