Bitcoin's recent price surge has sparked renewed optimism in the crypto market. As the largest cryptocurrency by market capitalization, BTC's performance often sets the tone for the entire market. With its 100-day moving average breaking out above its 200-day moving average, a potential bull run could be on the horizon.

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This breakout above the 100-day MA could signal a significant shift in market sentiment, potentially paving the way for a stronger uptrend.