Bitcoin Eyes $160K in 2026 After Bullish 50-Day SMA Breakout and Golden Cross Pattern

Bitcoin (BTC) has pierced through the 50-day Simple Moving Average (SMA), sparking renewed bullish sentiment across the crypto market. The breakout is viewed by technical analysts as a crucial signal of upward momentum and could pave the way for BTC to challenge the next major resistance level at $87,250—right where the 200-day SMA currently sits. […]