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[Axel Adler Jr.: Bitcoin Breaks 365-Day Moving Average for the First Time Since November 2025] CryptoQuant analyst Axel Adler Jr. stated that Bitcoin's price has risen to approximately $85,700, 6.4% higher than the 365-day moving average of $80,500. This marks the first time since November 2025 that Bitcoin has surpassed this moving average. Meanwhile, the trend impulse indicator has shifted to a bullish mode. However, if the price falls below $80,500 and retreats to the $76,000–$79,000 range, this breakout will be invalidated, and the indicator will turn neutral.