The bullish case for crypto based on moving averages
A September 24, 2026 post contrasts 257 S&P 500 stocks below their 200-day moving averages with 88 of the top 100 crypto tokens by market cap above theirs, arguing crypto looks relatively inexpensive.
TLDR
A September 24, 2026 post makes a bullish case for crypto by comparing long-term momentum measures. It says 257 S&P 500 stocks were below their 200-day moving averages as of September 23, despite the index being near record highs. By contrast, it says 88 of the top 100 crypto tokens by market cap—including Bitcoin and Ethereum—were above their 200-day averages, with most also above their 50- and 100-day averages.
The author argues crypto looks relatively inexpensive, saying Bitcoin, Ethereum, XRP, Solana and most of the other tokens remained well below their all-time highs.
A separate post that day says ETF issuer Bitwise predicted a new Bitcoin all-time high above $250,000 “this cycle.”
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The bullish case for crypto based on moving averages
A September 24, 2026 post contrasts 257 S&P 500 stocks below their 200-day moving averages with 88 of the top 100 crypto tokens by market cap above theirs, arguing crypto looks relatively inexpensive.