# Bitcoin Signals Potential New Bull Market as Long-Term Technical Indicators Improve

- URL: https://stocks.freetheai.org/news/bitcoin-signals-potential-new-bull-market-as-long-term-technical-indicators-2fc94d
- Published: 2026-10-11T19:22:47Z
- Category: crypto; sentiment: bullish; impact: medium
- Symbols: [BITSTAMP:BTCUSD](https://stocks.freetheai.org/symbols/BITSTAMP-BTCUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
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Bitcoin (BITSTAMP:BTCUSD) traded near $83,590 as long-term market metrics indicated the digital asset may be entering a new bull phase despite recent short-term liquidations. Market strength improved after Bitcoin reclaimed its 50-week moving average near $78,800 in September and reached over $86,000 in early October. Additionally, the asset's market-value-to-realized-value ratio stood at 1.54 on October 11, holding above its annual average of 1.44.

Long-term holding patterns and institutional presence are reshaping Bitcoin's traditional four-year cycles, resulting in shorter and less severe downturns. Between October 2025 and June 2026, Bitcoin fell roughly 53 percent from $124,824 to $58,525 over eight months, a milder drop compared to past bear markets. By September, about 83 percent of circulating supply—approximately 16.64 million Bitcoins—had remained stationary for at least 155 days. Spot funds and public corporate treasuries collectively controlled about 13 percent of circulating tokens in early October.

Investors should monitor whether Bitcoin can maintain its position above the 50-week moving average. A sustained fall below this key level could weaken the current bullish momentum, while a drop under the June low of $58,525 would invalidate the potential cycle bottom. Furthermore, recent weekly spot fund outflows of $679 million highlight that institutional demand remains vulnerable during brief periods of market stress.

## Key points

- Bitcoin reclaimed its 50-week moving average near $78,800 in September before trading above $86,000 in early October.
- The asset's market-value-to-realized-value ratio rose to 1.54 on October 11, exceeding its 365-day average of 1.44.
- Bitcoin declined 53% from its October 2025 peak of $124,824 to a June 2026 low of $58,525 during an eight-month downturn.
- Spot exchange-traded funds and corporate treasuries held roughly 13% of circulating Bitcoin supply in early October.
- Recent market stress caused $679 million in weekly spot ETF outflows despite broader institutional accumulation.

## Questions and answers

### Is Bitcoin currently in a new bull market?

Technical indicators suggest Bitcoin may have entered a bull market after reclaiming its 50-week moving average near $78,800 in September and keeping its MVRV ratio above its annual average.

### How severe was Bitcoin's 2025-2026 bear market?

Bitcoin dropped about 53% from $124,824 in October 2025 to $58,525 in June 2026. Lasting around eight months, this downturn was shorter and less severe than previous historical cycles.

### How much Bitcoin do institutional investors hold?

As of early October, spot ETFs held about 1.3 million Bitcoins while public corporate treasuries owned 1.29 million, together accounting for roughly 13% of the total circulating supply.