Bitcoin's recent price surge has many wondering if the bear market is finally over. Market sentiment has shifted, with many analysts predicting a prolonged uptrend. Technical indicators are also supporting this view, with the RSI breaking above 50 and momentum indicators turning positive. Could we be witnessing the start of a new bull run? Only time will tell.

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With RSI breaking above 50 and momentum indicators turning positive, the technicals are certainly looking bullish. If this uptrend continues, we could be on the cusp of a new bull run.