Bitcoin Poised to Retest 20-Month Trend Line Before New Highs: CryptoQuant
Bitcoin's price action may follow historical patterns, targeting a key moving average before potential new record highs.
Bitcoin's price action may follow historical patterns, targeting a key moving average before potential new record highs. Bitcoin (BTC) is trading at ₹77,44,389 ($81,455.00), up 0.1% since this brief published. This is an original Token Times brief based on reporting by Cointelegraph, with live market data added, as of Sun, 18 Oct 2026 01:15:02 UTC.
This analysis suggests Bitcoin could be entering a critical phase of its current market cycle, with the potential reclaiming of the 20-month moving average serving as a significant technical indicator for future price movements.
- Bitcoin may retest its 20-month moving average before new highs.
- Historical patterns suggest a potential trend reversal.
- Current BTC price is $81,336, down 0.21% in the last 24 hours.
- Bitcoin Whales Reverse Selling Trend, Holdings Hit 11-Month High
- Bitcoin Poised to Retest 20-Month Trend Line Before New Highs: CryptoQuant — this brief
According to CryptoQuant's analysis, 
Bitcoin's price action is showing signs of following historical patterns that could lead to a retest of the 20-month moving average. This technical indicator is seen as a crucial level for determining the next phase of Bitcoin's market cycle.
The analysis suggests that if Bitcoin successfully reclaims this trend line, it could pave the way for new record highs. This potential scenario is based on the cryptocurrency's historical tendency to follow cyclical patterns.
Currently, Bitcoin is trading at $81,336, showing a slight decline of 0.21% over the past 24 hours. Despite this minor downturn, the overall market sentiment remains neutral, as indicated by the Fear & Greedometer.
The broader cryptocurrency market is relatively flat, with the total market cap standing at $2.79 trillion. This stability in the market could provide a conducive environment for Bitcoin to potentially retest the key moving average.
If Bitcoin does retest and reclaim the 20-month moving average, it could signal a shift in market dynamics. Traders and investors will be watching this level closely, as it could indicate the beginning of a new bullish phase.
Since this brief published about 40 hours ago, Bitcoin (BTC) has moved from ₹77,33,075.26$81,336.00 to ₹77,44,389.27$81,455.00 — +0.15%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹8.50M (about $81,455.00), down 0.0% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 18, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Bitcoin Poised to Retest 20-Month Trend Line Before New High — questions & answers
What is the significance of the 20-month moving average for Bitcoin?
The 20-month moving average is a key technical indicator that has historically influenced Bitcoin's price trends. Reclaiming this level could signal a bullish reversal.
How does historical data support this analysis?
Historical data shows that Bitcoin tends to follow cyclical patterns, with the 20-month moving average often acting as a significant support or resistance level.
What is the current market sentiment for Bitcoin?
The current market sentiment for Bitcoin is neutral, as indicated by the Fear & Greed Index at 53.
How much is 1 Bitcoin worth in rupee today?
About ₹8.50M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,455.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.15% since this brief first published — trading at ₹77,44,389 ($81,455.00) now versus ₹77,33,075 ($81,336.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.