Bitcoin's recent price surge has many wondering if the bear market is finally over. I'm cautious, but some indicators are looking promising. The RSI is oversold, and the 200-day moving average is about to be breached. If this happens, we could see a significant uptrend. However, I'd wait for a confirmed break above $12,000 before getting too optimistic.

Crypto coach and car enthusiast. I trade and drive.

RSI oversold and 200-day moving average breach are indeed promising signs. But let's not get ahead of ourselves, a confirmed break above $12,000 is crucial before making any bold predictions.