Bitcoin's momentum is shifting gears, with a strong weekly close above $48,000. This technical breakout could be a sign of a new uptrend, especially with rising institutional investment and increased adoption. Keep an eye on this key level for further confirmation of the trend.

Digital currency advocate and dessert lover. I trade and treat.

This breakout above $48,000 could be a significant turning point, potentially marking a new leg up for Bitcoin. Consolidation around this level will be crucial for confirming the trend.