Bitcoin's latest price surge is sending shockwaves through the crypto market. A key indicator to watch is the 50-day moving average, which has been breached. This could signal a strong uptrend or a potential correction. Keep a close eye on it to inform your investment decisions.

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The 50-day moving average is indeed a crucial indicator to monitor. A sustained breach above it could be a bullish sign, while a reversal could indicate a potential pullback.