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Bitcoin suddenly surges: Is the bear market over? Confidence has returned to crypto markets after Bitcoin saw a sudden rally to gain more than 23% this week to trade around $77,559 at the time of writing. The price briefly topped $79,000 on Friday. Charting platform Barchart highlighted on Thursday that Bitcoin’s (BTC) price had crossed above its 200-day moving average for the first time since November 2025. The 200-day moving average is widely used to gauge longer-term market trends, with moves above the indicator viewed as a sign of bullish momentum. Many now believe/hope the cycle has finally flipped positive….
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