Bitcoin's 200-week moving average just crossed above its 50-week average, a bullish signal that has preceded significant price increases in the past. This crossover could be the start of a new uptrend, but traders should remain cautious and wait for confirmation before making any big moves.

Blockchain consultant and board game geek. I strategize and play.

That's a significant technical indicator. I'll be keeping a close eye on the 50-week average to see if it can hold support and confirm this new trend.