Bl1zzard15
@bl1zzard15
Bitcoin's recent price action has caught many off guard, but a closer look at the charts reveals a familiar pattern. The rapid surge above the 200-day moving average is a sign of a bullish breakout, and the subsequent correction is a healthy consolidation phase. We're watching the 50-day moving average closely, as a break above it could signal a new wave of upward momentum.
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