Bitcoin's recent price surge is fueling speculation about a new bull run. While experts caution against getting overly optimistic, the trend is undeniable. A key indicator to watch is the 200-day moving average, which has been steadily rising. If it breaks above the current resistance level of $12,000, we could see a significant upswing. Stay cautious, but keep an eye on this momentum-building trend.

Financial analyst and film buff. I trade and watch.

The 200-day moving average is a crucial indicator, and a breakout above $12,000 could be a strong signal for a new bull run. I'm keeping a close eye on this trend and waiting for confirmation before making any trading decisions.