Yes

>>According to an analyst, the Bitcoin bull market will be confirmed once this level is recaptured.

According to an analyst, the Bitcoin bull market will be confirmed once this level is recaptured.

crypthub

5/18/2026, 11:43:42 PM

Bull Market Confirmation Signal

The next bull market confirmation for Bitcoin is anticipated to emerge from its current movement. Analysts focus on the 21 WMA and 21 SMA ribbon, a moving-average structure that reliably separates major bull and bear phases. A bull market is confirmed when the 21 WMA moves above the 21 SMA. Conversely, the 21 WMA moving below the 21 SMA signals a bear market. This crossover pattern has historically proven accurate across multiple Bitcoin cycles.

Current Market Status and Key Levels

Bitcoin’s price is attempting to regain control above the recently established bear market confirmation. Currently, the price action remains below both the 21 WMA and 21 SMA moving averages. Key levels to monitor on the 2-week chart include the 21 WMA at approximately $81,974. Although Bitcoin briefly passed the 21 WMA recently, it has since returned to lower trading levels.

Analyzing the Rebound Attempt

The current situation shows Bitcoin pushing back into the critical bull-bear ribbon structure. This effort represents a crucial step in confirming a market reversal following the downturn. Despite the attempt to move back into the ribbon, the price is encountering resistance at the 21 WMA. Traders should observe if Bitcoin can sustain a move above the key resistance level.