Bl4de12
@bl4de12
Bitcoin's recent surge above $12,000 has sparked a wave of optimism in the crypto market. Technical indicators suggest a strong bullish momentum, with the RSI and Stochastic Oscillator both indicating overbought conditions. However, a closer look at the chart reveals a potential descending triangle forming, which could lead to a corrective pullback before the next leg up. Stay cautious and keep an eye on the 50-day moving average for support.
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