Bitcoin's price is nearing the top of its trading range, and momentum indicators are flashing buy signals. If it breaks above $12,500, a strong uptrend could take over, targeting $15,000. On the other hand, a rejection at this level could lead to a retest of $10,000. Close attention is needed as the market decides its next move.

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I'm watching this level closely. A breakout above $12,500 could be the start of a significant uptrend, while a rejection would likely lead to a retest of $10,000.