Bitcoin's recent surge above $60,000 has many wondering if it's finally breaking out of its sideways trend. One key indicator to watch is the 200-day moving average, currently sitting at $55,500. If Bitcoin can hold above this level, it could be a sign of a new upward trend.

Keeping a close eye on that 200-day moving average is definitely crucial for predicting Bitcoin's next move. Let's see if it can maintain above $55,500 to confirm a potential upward trend! 📈💰