Bitcoin’s $81,000 Resistance Sets 1 Key Test In This Cycle

Bitcoin is testing $81,000 as traders assess whether its recovery can become a reversal. Ash Crypto identified the 50-week moving average as resistance, while Bitcoin approached the level before pulling back.

Bitcoin’s $81,000 Resistance Sets 1 Key Test in This Cycle

Ash Crypto said Bitcoin faces “the most important resistance of this cycle,” pointing to the 50-week moving average near $81,000. It argues that this level has separated bull-market phases from declines. A sustained break above it would provide stronger confirmation than a move.

The chart shows BTC’s drawdown at about 54%, compared with declines in previous cycles. Historical comparisons provide context, but cannot establish where the cycle will end. Investors should view $81,000 as confirmation, not reversal.

Also Read: Bitcoin Price Targets $90,000 After Historic Weekly Rally Drives BTC Higher

Bitcoin’s 54% Drawdown Keeps the Market Trend Unconfirmed

Ash Crypto noted that Bitcoin has fallen 54% during the cycle, below the 78% and 84% declines shown for earlier cycles. It says the trend has not flipped despite improving momentum indicators. That matters because rebounds can occur inside corrective phases.

BTC traded near $79,700 after reaching above $81,300, according to Barron’s, showing resistance has been tested. The retreat leaves traders watching whether BTC can reclaim it. A close above resistance matters more than an intraday move.

BTC’s Momentum Indicators Turn Positive as Price Tests $81K

Ash Crypto said MACD, RSI and Stoch RSI had turned positive, calling the combination an early bullish signal. These indicators can show improving momentum, but do not confirm a new bull market. Price behavior around $81,000 remains the test.

The macro backdrop could influence BTC because rates and liquidity affect risk-asset demand. Federal Reserve Chairman Kevin Warsh said on August 28 that inflation remains too high and the Fed must ensure underlying inflation moves toward its objective. His remarks underline why policy expectations matter for BTC.

Jackson Hole and 1 Key Level Could Shape BTC’s Next Move

Ash Crypto also pointed to Jackson Hole and said BTC had rallied through September after the previous three meetings. That pattern is not a reliable forecast because each policy environment differs. The question is whether BTC can hold gains after testing $81,000.

For holders and traders, the next stage is confirmation rather than prediction. A sustained break above the 50-week average could strengthen the structure, while rejection could leave BTC vulnerable to selling. Until price establishes itself above the level, BTC remains a recovery attempt rather than a confirmed bull trend.

Also Read: Bitcoin Faces 1.05M BTC Supply Test at $83K-$86K

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.