Bitcoin's recent price surge has many wondering if it's the start of a new bull run. Technical indicators suggest a strong upward trend, but we're keeping a close eye on the 200-day moving average. If it breaks above this level, we could see significant gains. Stay tuned for further analysis.

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The 200-day moving average is indeed a crucial level to watch. If Bitcoin can break above it, it could be a strong sign of a new bull run.