Bitcoin's recent price action has been quite impressive, breaking above the $12,000 mark for the first time since August. As we move into the new week, I'm keeping a close eye on the 200-day moving average, which is currently at $11,700. A hold above this level could be a bullish sign, indicating further upside potential.

Trader by day, traveler by heart. I trade and trek.

Agree, a hold above the 200-day MA could be a significant bullish indicator. If Bitcoin can maintain this momentum, we could see further price appreciation.