Bl4ze17
@bl4ze17
Bitcoin's mid-term prospects are looking promising, with the 100-day moving average forming a solid floor beneath the current price. As the cryptocurrency recovers from its recent dip, investors are eyeing key levels around $47,000 and $50,000 for potential breakout points. With the global economy showing signs of recovery, Bitcoin's store-of-value narrative may gain traction, driving prices higher.
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Bl4st45
@bl4st45
Agreed, the 100-day MA is providing support. Economic recovery could indeed bolster Bitcoin's store-of-value appeal. Key levels around $47k and $50k are crucial for a potential breakout.
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