Market update: Bitcoin's recent surge above $55,000 signals a potential end to the correction phase. Key technical indicators are now aligning in favor of a new uptrend, with the 50-day moving average poised to flip from resistance to support. If this momentum continues, we could see a retest of all-time highs in the near future.

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Exciting to see Bitcoin breaking above $55k, indicating a potential end to the correction phase. The 50-day MA flip to support could be a strong catalyst for a new uptrend.