Bitcoin breaks above 200-day average for first time
Bitcoin breaks above 200day moving average for the first time since November 2025, reclaiming a key long-term trend line as the price climbed toward $73,000. The move followed a sharp rebound after the US Treasury said it would expand longer-dated bond buybacks, lifting risk appetite across markets.
Bitcoin (BTC) has crossed its 200-day moving average again after roughly nine months below that level, according to charting platform Barchart and market coverage from Cointelegraph. The reclaim is the first such break since November 2025, coming about a month after Bitcoin’s prior all-time high above $126,000.
Traders watch the 200-day average as a gauge of longer-term direction. A move above it is often read as a bullish momentum signal, while a sustained hold could imply Bitcoin’s months-long downtrend is starting to lose force.
Key Takeaways
- Bitcoin reclaimed its 200-day moving average for the first time since November 2025.
- BTC traded near $73,000 on Thursday and has gained more than 13% since Wednesday.
- The rebound followed a US Treasury plan to expand longer-dated bond buybacks from $2 billion to at least $4 billion per operation from Sept. 9.
- Standard Chartered’s Geoff Kendrick said the Treasury step could help fuel a broader rally toward $100,000 by year-end.
What does bitcoin breaks above 200day mean for the trend?
In technical analysis, the 200-day moving average smooths price over a long window and helps separate broader uptrends from downtrends. Crossing back above it does not guarantee a new bull market, but it is widely treated as evidence that selling pressure may be easing.
Cointelegraph noted that a sustained break above the level could suggest Bitcoin’s prolonged downtrend is beginning to weaken. That framing matters for readers who track medium-term structure rather than day-to-day noise. For more market alerts in this lane, see our Fintech & Crypto Alerts hub.
Why did Bitcoin rally into the 200-day average now?
The timing lined up with a liquidity signal from Washington. On Wednesday, the US Treasury Department announced it would at least double the size of liquidity-support buybacks for longer-dated Treasury securities, lifting the maximum from $2 billion to at least $4 billion per operation beginning Sept. 9.
The program is meant to improve liquidity at the long end of the Treasury market. Yields on longer-term bonds initially moved lower, which helped bolster risk appetite across financial markets—including crypto.
Bitcoin has gained more than 13% since that announcement, climbing to nearly $73,000 on Thursday, based on TradingView data cited in the Cointelegraph report.
Could the Treasury buybacks push Bitcoin toward $100,000?
Following the Treasury’s announcement, Standard Chartered’s Geoff Kendrick said the move could help fuel a broader Bitcoin rally toward $100,000 by year-end. That view ties macro liquidity conditions to crypto risk appetite rather than to a single chart level alone.
The 200-day reclaim is still a technical milestone, not a price target. Whether Bitcoin holds above the average will likely matter more than the first print above it. Investors should treat all market commentary as informational, not advice, and weigh volatility, liquidity, and macro policy risk before acting.
For now, the headline is clear: bitcoin breaks above 200day for the first time in about nine months, with the rebound reinforced by Treasury buyback expansion and a sharp midweek price surge.