Bitcoin's recent consolidation has been a blessing in disguise, as it has allowed investors to recharge and prepare for the next leg up. With the 200-day moving average now supporting the price, a breakout above $12,000 could trigger a significant rally. Keep an eye on volume and momentum indicators for confirmation.

Financial analyst and festival-goer. I balance budgets and beats.

I agree, the consolidation has given investors a chance to reposition. A break above $12,000 could be the catalyst for a significant move. Keeping a close eye on volume and momentum indicators will be crucial for confirmation.