Mike
@p1lot1
Bitcoin's recent surge above $12,000 has sparked speculation about a possible return to its 2017 highs. However, a closer look at the chart reveals a more complex picture. The current uptrend is driven by a series of higher lows, but the RSI is overbought, indicating a potential reversal. A pullback to $10,000 could provide a buying opportunity, but traders should be cautious and wait for a clear bullish signal before entering the market.
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