Bitcoin closes above 50-week moving average for first time in 45 weeks

$BTC has recorded a weekly close above its 50-week moving average for the first time in 45 weeks, marking an important shift in its long-term technical structure.
Galaxy's Alex Thorn notes that similar signals have historically appeared after major Bitcoin bear-market lows.
The reclaim strengthens the bullish technical case, although historical patterns do not guarantee that the current cycle has established a definitive bottom.