Monday, 5 January 2026

Bitcoin: Bull Market Support Band

In this video: we talk about the Bitcoin bull market support band! Video by Benjamin Cowen.

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As of January 5, 2026, the Bitcoin (BTC) price is around $92,620. The bull market support band (BMSB), which is a key technical indicator for overall market trend, is currently around the $99,000 to $102,000 range. The current price is below this band. Buy Bitcoin >>



Financial Overview

-Definition: The Bull Market Support Band is a composite indicator made up of the 20-week simple moving average (SMA) and the 21-week exponential moving average (EMA).

-Trend Indicator: When the price is consistently above the band, it is considered a bullish trend. When the price is below it, the trend is considered bearish or in a consolidation phase.

-Current Status: Bitcoin is currently below the support band, which is acting as resistance. A sustained close above the band is needed to confirm the continuation of a strong bullish momentum.

-Historical Context: Historically, post-halving years often see a dip to the support band in September before a potential rally. The current cycle has already seen multiple tests and breaches of the band, suggesting a more volatile market than previous cycles.
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