Bitcoin
It increased more than $ 124,000, establishing its historical room of 2025.
The data in the Glassnode chain suggest that this could mark the early stages of a continuous bullish market.
A key metric that supports this opinion is the price made, which measures the total value of all bitcoins at the price that moved for the last time in the chain, divided by the number of currencies in circulation. This metric at $ 51,888 has now risen above the 200 -week mobile average of Bitcoin (200Wma)A long -term tendency of often seen as a dividing line between bear and scope markets.
The story shows that when the price made moves above 200WMA and continues higher, as it did in the cycles of 2017 and 2021, the upward trend is maintained longer. 200WMA is currently $ 51,344, acting as a long -term support level that has historically defined the floor during bears markets.
This level has only been violated during extreme market stress periods. The most recent example reached the end of the 2022 bears market, when Bitcoin fell sharply in the middle of the FTX collapse. The price made below 200WMA in June 2022 and remained there for almost three years before recovering it in 2025.
Breaking again above 200WMA is significant, since it indicates a renewed trust of investors and a change in the market structure.
If historical patterns are maintained, this technical development could be the precursor of a sustained rally. With the macroeconomic conditions and the alignment of institutional interests, the recent action of the price of Bitcoin can be the initial chapter of its next important growth phase.
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