# Bitcoin breaks above 200-day moving average BTC surpasses key technical level for the first time in nine months as rally continues. - **Source:** [Cointelegraph.com News](https://brifing.si/source/2e81e982-0137-4db0-8ac2-351f37085775) - **Published:** 2026-08-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/8da69f68-983d-436e-ac73-43768afc4bbc ## Technically significant breakout Bitcoin crossed above its 200-day moving average for the first time since November 2025, breaking through this critical technical level. The 200-day MA is widely used to assess long-term market trends. This move suggests Bitcoin's months-long downtrend may be weakening. Analysts emphasize that sustained trading above this level is crucial for the uptrend to continue. ## Recovery after historic peak Bitcoin had reached an all-time high above $126,000 in October 2025 before experiencing a sharp decline. Trading below this level for about nine months, BTC's break above the 200-day MA indicates strengthening bullish sentiment. According to Barchart data, Bitcoin reached $73,000 on Thursday, gaining over 13% in the past week. ## US Treasury's policy move Bitcoin's rally follows the US Treasury's decision to expand its bond buyback program. The Treasury will at least double liquidity-support buybacks for longer-dated securities, increasing maximum operations from $2 billion to $4 billion starting September 9. This move aims to improve liquidity in the long end of the Treasury market. The policy initially pushed long-term yields lower, boosting risk appetite. ## Market-wide impacts The Treasury's expansionary policy positively affected not just Bitcoin but broader financial markets. Declining long-term bond yields encouraged investors toward risk assets. Standard Chartered's Geoff Kendrick suggested these developments could support Bitcoin reaching $100,000 by year-end. Markets remain focused on central bank policy easing signals. ## ETF inflows surge Bitcoin's upward trend has revived interest in ETFs. Bitcoin ETFs saw $517 million in inflows - the largest daily amount since early May. Growing institutional interest signals increasing market confidence. Since spot Bitcoin ETF approvals, institutional participation in crypto assets has notably increased. ## Altcoins join the rally Bitcoin's gains have energized the altcoin market. Ethereum rose 14.77% to $2,325, while Solana gained 6.78% to $87.62. XRP increased 6.02% to $1.26, and Cardano edged up 0.49% to $0.1986. Major altcoins are showing broad recovery following Bitcoin's lead. ## What technical indicators suggest The 200-day moving average is considered critical for distinguishing between bull and bear markets. Sustained price above this level suggests continuation of the uptrend. However, analysts caution that volume and other indicators must also be monitored. Bitcoin breaking through the $80,000 resistance could signal accelerating gains. ## Implications for investors Bitcoin's technical strength carries important signals for investors. Long-term investors view sustained trading above the 200-day MA as positive. However, short-term traders are warned volatility may persist. Market participants continue closely watching US monetary policy and global liquidity conditions. ## Sources covering this story - https://cointelegraph.com/markets/bitcoin-breaks-200-day-moving-average?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._