A Bitcoin indicator based on the 50- and 100-week moving averages has accurately identified every major bear market bottom since 2015, but it has not triggered as of April 17. This suggests that the broader bear market may still be intact, and the recent price bounce from $65,000 to $75,000 could be a temporary recovery. Historically, the 50-week moving average typically stays above the 100-week average during upward trends. However, during periods of extreme market fear, the 50-week average can fall below the 100-week average, signaling a bear market. This crossover has occurred three times in Bitcoin's history, marking significant price bottoms that were followed by substantial rallies. As of now, Bitcoin has dropped sharply from its October 2022 high of over $126,000 to around $75,000, with the two moving averages converging but the 50-week average still above the 100-week average. If U.S. equities continue to rise, institutional interest in Bitcoin ETFs may increase, potentially supporting a price recovery.