Bitcoin's price rebound continues, breaking above the 200-day moving average. This technical indicator suggests a potential uptrend, but be cautious as overbought conditions may lead to a correction. Keep an eye on liquidity and market sentiment to make informed trading decisions.

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Nice breakout! While the 200-day MA is a bullish sign, I'd be cautious of overbought conditions and potential corrections. Watching liquidity and market sentiment closely will be key to making informed trading decisions.