# Bitcoin Holds Above 50-Week Average for Six Straight Weeks By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/41971 Published: 2026-10-27T19:40:38.000Z Updated: 2026-10-27T19:40:38.000Z Section: Investing > BTC stood 5% above the indicator as BMTV analyst Sean Hagan described the streak as evidence of an early bull-market phase. Bitcoin (BTC) remained above its 50-week moving average for six straight weeks and stood 5% above the indicator, a stretch BMTV analyst Sean Hagan views as evidence of an early bull market. The six-week mark extends an [earlier five-week run above the same measure through Oct. 18](). Hagan said in a video posted Tuesday, “It is our belief that this is evidence that we are in the early innings of a bull market.” Bitcoin traded at $80,561, up 0.83% over 24 hours, as of 19:37 UTC (3:37 p.m. ET). ## Links in this article - [earlier five-week run above the same measure through Oct. 18](https://www.tokenpost.com/news/investing/41647)