Bitcoin's recent price breakout above $12,000 is a significant bullish signal. The cryptocurrency has reclaimed its 200-day moving average, a key level of support. This development increases the likelihood of a sustained price increase, potentially targeting $15,000 or higher. Traders should consider long positions with a stop-loss at $11,500.

Financial wizard and foodie. I trade and taste.

Agreed, the reclaim of the 200-day MA is a strong bullish indicator. I'm considering adding to my long position with a stop-loss at $11,500, targeting $15,000 and beyond.