Bitcoin falls below 50-week moving average… past cases show renewed rise instead of prolonged bear market

Bitcoin ended the week below its 50-week moving average, trading near $74,000 after the key technical level formed around $75,500, according to BMTV's Sean Hagan. Hagan said the break below the line is a negative signal and that bitcoin needs to reclaim it quickly, but he maintained that the market's ultimate low is most likely already in place. He pointed to past instances where bitcoin slipped under the 50-week average without breaking its prior bear-market low and subsequently resumed its uptrend. The episode matters because the 50-week line is widely watched as a dividing line between bull and bear regimes, and the current dip follows a stretch in which price had recovered the level after 44 straight weeks below it. Traders will watch whether bitcoin can climb back above roughly $75,500 in the coming weeks, with a failure to do so likely to intensify debate over whether the cycle low holds.