Bitcoin ($BTC) has just crossed above its 50-week moving average. This marks a key technical development as the cryptocurrency recovers toward $82,000. The 50-week moving average of $BTC is nearly $79,000. As per PlanB, a renowned Bitcoin analyst, the 100-week moving average around $89,000 is the next major level to watch.
Bitcoin ($81k) closed above 50-week MA ($79k).
Next target: 100-week MA ($89k) 🚀Interactive chart: https://t.co/OrlNcbTbZf pic.twitter.com/ok7HnDVcL7
— PlanB (@100trillionUSD) September 19, 2026
Bitcoin Reclaims 50-Week Moving Average
Bitcoin is trading around $81,520, following a strong overnight recovery. BTC had dropped towards $75,000 area earlier this week. Now, the top cryptocurrency is showing over 5% gain in the past 7 days. The latest move has brought Bitcoin back above its 50-week moving average, which PlanB currently places around $79,000.
Technical analysts often monitor the 50-week moving average when assessing Bitcoin’s medium-term trend. Sustained trading above this indicator will signal improving market momentum.
The 50-week moving average has attracted attention from other market observers. Some analysts have previously referred to the level as an important barrier for Bitcoin after repeated attempts to reclaim it failed during periods of weakness. However, the loss of this crucial level can put additional pressure on the price.
$89K 100-Week Moving Average Becomes Next Key Level
With Bitcoin back above the 50-week moving average, PlanB has highlighted the 100-week moving average near $89,000 as the next major level on his chart. The latest analysis follows PlanB’s recent comments on Bitcoin’s broader market structure. Earlier in September, he highlighted Bitcoin’s August monthly close at $78,571, noting that it remained above the 200-week moving average near $65,000 and the five-month short-term holder realized price.
He also pointed to changes in onchain and momentum indicators, including the percentage of Bitcoin supply in profit rising from 50% to 72% and monthly RSI increasing from 41 to 51.
PlanB is known for developing the Bitcoin stock-to-flow model and regularly emphasizes that models have limitations. His latest analysis instead focuses on Bitcoin’s relationship with its longer-term moving averages.
For now, traders have to watch whether Bitcoin can sustain its position above $79,000 (50-week moving average) and build further momentum towards $89,000 (100-week level).