First 21-week trend line reclaim since October 2025: Five things to know in Bitcoin this week

Written by William Suberg, Staff Writer. Reviewed by Allen Scott, Staff Editor. Written by William Suberg, Staff Writer. Reviewed by Allen Scott, Staff Editor. First 21-week trend line reclaim since October 2025: Five things to know in Bitcoin this weekMarketsPublishedApr 27, 2026Bitcoin price action sealed its first weekly candle close above a 21-week moving average trend line since it traded near $115,000 in October 2025.Bitcoin (BTC) counts down the final days of April with a fresh attack on $80,000 as price teases key breakouts.Bitcoin sees its first weekly close above a key trend line since October 2025.Liquidity grabs ramp up as traders eye a potential support retest closer to $70,000.The Federal Reserve interest-rate decision and inflation data form macro volatility catalysts.Analysis sees the “end of capitulation” on Bitcoin as institutions shore up the market.US manufacturing data could allow BTC/USD to avoid a retest of its macro lows.Bitcoin closes above 21-week trend line for the first time in six monthsBitcoin may have failed to tap $80,000 or even hold its latest gains, but the weekly close was still significant.After a last-minute push higher, BTC/USD managed to close out the weekly candle just above a key trend line, data from TradingView confirms.BTC/USD one-hour chart with 21-week EMA. Source: Cointelegraph/TradingViewThis was its 21-week exponential moving average (EMA) — a resistance feature on the chart in place since October 2025. The last weekly close above it was when the pair traded at nearly $115,000.As Cointelegraph reported, the 21-week EMA was already on the radar for trader and analyst Rekt Capital. A weekly close above it, he argued last week, was a prerequisite for avoiding a support retest of $73,000.“Unless BTC is able to reclaim the 21-week EMA as support... Then this EMA could indeed force BTC into a post-breakout retest of the top of the Double Bottom price broke out from last week,” he told X followers.BTC/USD one-week ch…

First 21-week trend line reclaim since October 2025: Five things to know in Bitcoin this week

Coins in this story

Related stories

CoinDesk 20 performance update: Stellar (XLM) drops 3.4%, leading index lower

Bitcoin Giant Strategy's Buying Pace Falls 91% Amid STRC Cooldown

Bitcoin ETFs Extend Longest Win Streak Since September, But Spot Demand Lags