First 21-week trend line reclaim since October 2025: Five things to know in Bitcoin this week

💡 DMK Insight

Bitcoin’s weekly close above the 21-week moving average is a bullish signal, marking a significant shift in market momentum. This is the first time since October 2025 that BTC has managed to close above this key trend line, which could attract both retail and institutional buyers looking for confirmation of a trend reversal. Traders should watch for increased volume in the coming days, as a sustained move above this level could lead to further upward momentum. However, it’s worth noting that previous attempts to break above this moving average have faced resistance, so caution is warranted. If Bitcoin can hold above this level, it may set the stage for a test of higher resistance levels, potentially reigniting interest in altcoins as well. Keep an eye on the $115,000 mark as a psychological barrier; a decisive move above could trigger a wave of buying pressure, while a failure to maintain this level might lead to a quick pullback. Watch for volume spikes and sentiment shifts as indicators of the next move.