BloFin Research|Sep 09, 2026 09:55
Bitcoin’s classic daily Golden Cross has formed, the 50-day SMA has crossed above the 200-day SMA.
This is the first such crossover since the Death Cross in November 2025.
The same setup preceded significant BTC rallies in October 2023, October 2024, and April 2025.
It adds another signal that Bitcoin may be transitioning out of the bear market.
The most critical confirmation now is the 50-week SMA.
BTC closed around this level last week. If price can at least hold the current range while the 50W SMA continues to trend lower, a sustained reclaim becomes increasingly likely.
Holding above the 50W SMA would materially strengthen the case that the bear market is ending and the broader trend is turning higher.(BloFin Research)
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