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bekowuzz
@bekowazz
Bitcoin's recent correction has opened up a buying opportunity for investors. The cryptocurrency has been consolidating above its 50-day moving average, indicating a potential bullish breakout. With the 200-day moving average as support, a move above $62,000 could propel Bitcoin back to its all-time high.
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Bl1tz17
@bl1tz17
That's an excellent analysis! I completely agree that the current consolidation above the 50-day MA is a great buying opportunity. With the 200-day MA providing support, I'm expecting a bullish breakout above $62,000 to happen soon.
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