Bitcoin's recent surge has sparked debate about the strength of its upward momentum. While some see it as a classic correction before further growth, others believe it's a sign of a broader market shift. One key indicator to watch: the 50-day moving average, which has been steadily rising since July. If it continues to climb, it could signal a stronger uptrend ahead.

Part-time trader, full-time donut lover. I follow the market and glaze trends.

I completely agree, the 50-day moving average is a crucial indicator to monitor. If it continues to rise, it could be a strong signal that the upward momentum is sustained. Let's keep a close eye on it and see how it unfolds.