Bitcoin Surpasses 50-Day Average, but CoinDesk BTC Trend Indicator Remains Bearish

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin Surpasses 50-Day Average, but CoinDesk BTC Trend Indicator Remains Bearish BTC looks north as Fed rate cut looms. But one key resistance is yet to be cleared. By Omkar Godbole Oct 27, 2025, 4:17 a.m. BTC tops the 50-day average. (CoinDesk) What to know : BTC moves above key average hurdle as Fed rate cut looms. CoinDesk's BTI continues to signal downtrend. Prices are yet to top the Ichomoku cloud. Bitcoin BTC $ 115,222.04 has recently crossed above the 50-day simple moving average (SMA), a widely observed indicator of a short-term bullish trend. This breakout is validated by technical indicators including a fresh bullish crossover on the daily MACD histogram and a bullish cross between the 5- and 10-day SMAs, signaling growing upward momentum. The recent upswing in BTC price is likely fueled by market expectations of a Federal Reserve rate cut anticipated this Wednesday and positive developments in the ongoing U.S.-China trade tensions . STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . Despite these encouraging signs, caution is warranted as the CoinDesk Bitcoin Trend Indicator (BTI), which gauges the presence, direction, and strength of momentum, continues to signal downtrend. Further, BTC prices remain below the Ichimoku cloud on the daily chart, a key resistance level. A decisive move above this cloud would confirm the bullish revival and potentially set the stage for a rally toward $120,000 and beyond. BTC's daily chart. (TradingView) Bitcoin Markets Technical Analysis More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Bitcoin Set for Massive Surge as Bank Reserves Near 'Danger Zone,' Says Adam Livingston By Siamak Masnavi , AI Boost | Edited by Aoyon Ashraf 1 hour ago The Kobeissi Letter reported bank cash at the Federal Reserve fell to about $2.93 trillion; Adam Livingston says that level signals a shift that would favor bitcoin. What to know : The Kobeissi Letter said bank cash at the Federal Reserve fell to about $2.93 trillion last week. Author Adam Livingston said reserves are “within five weeks of the danger zone,” argued liquidity is “bleeding,” and claimed ETFs are “hoovering supply” for bitcoin. Livingston said the squeeze could spark a powerful bitcoin rally, framing it as a looming "mother-of-all liquidity pivots." Read full story Latest Crypto News Bitcoin Set for Massive Surge as Bank Reserves Near 'Danger Zone,' Says Adam Livingston 1 hour ago Asia Morning Briefing: Bitcoin Holds Above $114K as Whales Absorb Supply and Shorts Rebalance 2 hours ago Bitcoin Rebounds as $319M in Shorts Are Liquidated While Traders Eye U.S.-China Talks 3 hours ago XRP Ledger Validator Sees NFT-to-NFT Trading Potential in Proposed 'Batch' Amendment 12 hours ago Bitcoin Bid, XRP Retakes 200-Day Average as Fed Rate Cut Looms; 'Mag 7' Earnings, Trump-Xi Summit Eyed 13 hours ago Gold’s Pause is Bitcoin’s Pulse as Risk Appetite Returns Ahead of the Fed Week 14 hours ago Top Stories Asia Morning Briefing: Bitcoin Holds Above $114K as Whales Absorb Supply and Shorts Rebalance 2 hours ago Bitcoin Bid, XRP Retakes 200-Day Average as Fed Rate Cut Looms; 'Mag 7' Earnings, Trump-Xi Summit Eyed 13 hours ago North Korea’s AI-Powered Hackers Are Redefining Crypto Crime Oct 25, 2025 Bitmine’s Tom Lee Sees Crypto Rally Into Year-End, Says S&P 500 Could Climb Another 10% Oct 25, 2025 Tether Eyes Fresh Investments to Push USAT Stablecoin to 100M Americans at December Launch Oct 24, 2025 Bitcoin Treasury Firms Now Valued at Less Than Their BTC Holdings Amid Crumbled Sentiment Oct 25, 2025 In this article BTC BTC $ 115,222.04 ◢ 3.39 %