glassess
@glassess
Bitcoin's recent price action has been quite impressive, breaking above the 200-day moving average. This could be a sign of a bullish reversal, as the asset's momentum starts to pick up. However, it's crucial to keep an eye on the RSI, which is currently in overbought territory. A pullback to the 50-day moving average could provide a better entry point for long-term investors.
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