Daily Crypto News & Musings

Bitcoin Rejected at Bull-Bear Ribbon as 21 WMA Signal Keeps Bears in Control

Bitcoin Rejected at Bull-Bear Ribbon as 21 WMA Signal Keeps Bears in Control

Bitcoin is back at a long-term trend zone that has separated bull markets from bear markets for years, but the market still isn’t giving bulls the confirmation they want.

  • 21 WMA / 21 SMA ribbon remains the key Bitcoin bull market signal
  • BTC is still below the zone after another rejection
  • Bearish control stays intact until Bitcoin reclaims the ribbon

Bitcoin analyst Crypflow is focused on the 2-week chart, where the battle centers on the 21-week weighted moving average (21 WMA) and the 21-week simple moving average (21 SMA). Together, they form the so-called bull-bear ribbon, a long-term trend filter that helps show whether Bitcoin’s price structure is healthy or breaking down. In plain English: it’s a way of separating real trend strength from the usual crypto noise, which is often just a fancy name for chaos with leverage attached.

The core idea is straightforward. When the 21 WMA moves above the 21 SMA, the market is generally considered bullish. When the 21 WMA falls below the 21 SMA, the bearish case takes over. Crypflow summed it up cleanly:

“The 21 WMA moving above the 21 SMA confirms a bull market, and the 21 WMA moving below the 21 SMA confirms a bear market.”

That crossover has become popular because it has lined up with several major Bitcoin cycle turns over the last decade. It is not magic, and it is definitely not a crystal ball, but it has a better track record than most of the loudmouth “BTC to $1 million next Tuesday” nonsense that floods the internet every time Bitcoin sneezes.

The historical pattern is why traders keep watching it. The model pointed to the 2013 top, then the later bearish crossover that preceded the 2015 bottom. It flipped bullish during the 2015 expansion phase, then turned bearish again after the 2017 top before the 2018 bottom. It also confirmed a bullish shift in 2019, flashed a warning during the 2020 crash, and then helped mark the recovery once Bitcoin reclaimed the ribbon and resumed its bull run. The same structure later captured the 2021 top, followed by another bearish crossover. More recently, the 2023 bullish flip helped frame the climb into the 2025 cycle top.

That matters now because Bitcoin’s latest bearish confirmation came after a peak above $126,000. Since then, BTC has been trying to push back into the ribbon, but the market has kept rejecting it. The 21 WMA is sitting near $81,974, while the 21 SMA is higher at around $90,415. Bitcoin was trading around $77,980 in the analysis, after briefly touching $82,000 last week before slipping back to roughly $76,914.

That kind of price action tells a pretty simple story: bulls are trying to regain control, but sellers still own the short-term to medium-term structure. Crypflow’s chart notes that “the red band on the chart still shows bearish control,” and that “Bitcoin is pushing into the ribbon again but still getting rejected at the 21 WMA.” He also said, “The next bull market confirmation will begin to take shape.”

That last line is important because it frames the current setup correctly: Bitcoin is not confirmed bullish again yet, but the first real signs of a reversal would begin with a clean reclaim of the ribbon. Until then, the market is still in a corrective phase, where rallies can look promising right before they get slapped back into place.

For readers who do not live inside TradingView tabs, a moving average is just a smoothed-out view of price over a set period of time. It helps show trend direction without every intraday wiggle trying to hijack the narrative. A weighted moving average gives more importance to recent price action, while a simple moving average treats each data point equally. The crossover between the two can act like a long-term trend signal. It is slower than day-trading indicators, but that slowness is exactly why cycle traders care about it.

There is also a broader point here beyond traders obsessing over colored lines on a chart. Long-term Bitcoin trend signals can shape sentiment, influence positioning, and change how institutions and retail investors view the market. A reclaim of the ribbon would likely give bulls a psychological boost and encourage dip buyers. Continued rejection below it would reinforce the view that the market is still digesting the excesses of the last run. In other words, this is not just technical trivia; it can affect how much conviction people are willing to bring to the next move.

Still, there is a counterpoint worth keeping in mind: moving averages are lagging indicators. They confirm what price has already done. They do not predict the future with any kind of supernatural precision, no matter how many chart wizards pretend otherwise. A clean reclaim would improve the bullish outlook, yes, but it would not guarantee a straight line higher. Bitcoin has a nasty habit of reclaiming levels just long enough to trap overconfident buyers before deciding whether it actually wants to trend.

For now, the key levels are clear. Reclaiming the 21 WMA around $81,974 would be the first meaningful step. A move back above the 21 SMA near $90,415 would strengthen the bullish case further. Failure to do either keeps the bearish reading alive and suggests the recent bounce is just another countertrend move inside a larger correction.

That is the tension in Bitcoin technical analysis right now: bulls want evidence that the cycle reset is ending, while bears want confirmation that the top is already in and the market still has more downside work to do. Until Bitcoin can reclaim the ribbon on the 2-week chart, the bearish side keeps the upper hand.

  • What signal is being watched for Bitcoin’s next bull confirmation?
    The 21 WMA crossing above the 21 SMA on the 2-week Bitcoin chart. That crossover has historically marked major cycle shifts.
  • Why does the bull-bear ribbon matter?
    It has repeatedly aligned with major Bitcoin tops, bottoms, and trend reversals across multiple market cycles.
  • Has Bitcoin confirmed a new bull market yet?
    No. BTC is still below the key moving-average zone and has been rejected there again.
  • What price level matters most right now?
    The main level to reclaim is the 21 WMA near $81,974, with the 21 SMA around $90,415 as the higher hurdle.
  • What happened after Bitcoin’s latest peak?
    Bitcoin rolled over after trading above $126,000, which triggered the current corrective phase.
  • Could this still become a bear trap?
    Yes. If BTC can reclaim the ribbon and hold it, the current bearish setup could flip quickly.
  • What would strengthen the bullish case?
    A sustained move above the 21 WMA, followed by a reclaim of the 21 SMA.
  • What would keep the bearish case intact?
    Continued rejection below the ribbon and failure to recover the long-term moving averages.

Bitcoin does not care about anyone’s hopes, timelines, or Twitter predictions. What matters is whether price can reclaim the levels that historically separate bull markets from bear markets. Right now, the chart says not yet. The next real confirmation will only come if BTC can get back above the ribbon and stay there.