Bitcoin Bull Market or Bear Market? Using the 50-Week Moving AveBitcoin all time history indexINDEX:BTCUSDmaltesoenkeIn this chart, I use Bitcoin's 50-Week Simple Moving Average (50W SMA) as a simple way to identify the broader market trend. ✅ Price above the 50W SMA → Bull Market ✅ Price below the 50W SMA → Bear Market Historically, this moving average has often helped distinguish between bullish and bearish market environments. This indicator is not intended as a buy or sell signal. Instead, it provides context for understanding the current market phase. In my Bitcoin framework, market analysis consists of three layers: Market Phase (Bull or Bear Market) Valuation (Cheap or Expensive) Timing No indicator is perfect. The 50W SMA should always be combined with additional analysis and risk management. Educational purposes only. Not financial advice. 👉 More Bitcoin education: www.bitcoin-schule.de