Uptober in Full Swing as Crypto Market Tops $4.3 Trillion: Here's What to Expect

From a moving average perspective, Bitcoin is trading comfortably above both its 50-day and 200-day exponential moving averages, or EMAs. The 50-week EMA is trending higher around the $100,000 zone, while the 200-day EMA sits much lower near $65,000. When the 50-week EMA trades above the 200-week it typically signals a longer-term uptrend remains intact. This configuration provides Bitcoin with a robust safety net; even if short-term momentum falters, the overall bull structure stays healthy as long as the ...