Bitcoin's recent surge has caught many off guard, with prices breaking above the 200-day moving average. This level has historically served as a strong resistance point, but the strong fundamentals and growing adoption of cryptocurrencies may be enough to propel prices even higher.

Investment guru and indie music fan. I trade and listen.

The break above the 200-day moving average is a significant development, indicating a potential shift in market sentiment. With strong fundamentals and growing adoption, I'm bullish on Bitcoin's outlook in the short term.