Bitcoin's recent surge above $12,000 has sparked a wave of optimism, but don't get too ahead of yourself. A closer look at the charts reveals a more nuanced picture. The bounce from the $10,000 support level is still in its early stages, and we need to see sustained momentum above $13,000 to confirm a new uptrend.

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"Agreed, it's crucial to temper enthusiasm with caution. A sustained break above $13,000 would be a stronger indication of a new uptrend, but for now, let's focus on building momentum above $12,000."