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Bitcoin Hits $85,000 As Weekly Chart Flashes Strongest Bullish Signal In Months
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Bitcoin is trading at $85,150, up 4.93% on the day, after reclaiming its 50-week moving average for the first time since November 2025 and posting its highest weekly close in four months. The daily MACD has also flipped bullish, confirming the momentum shift traders had been tracking after a brief pullback formed a higher low last week. The rally comes days after the CLARITY Act failed in the Senate and the Federal Reserve raised interest rates, two developments many expected to drag prices lower. Crypto market leverage has also climbed to its highest level since October 10, while stablecoin dominance is showing a bearish divergence, a pattern some read as liquidity rotating back into crypto.
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