Bitcoin's 200-day moving average is breaking out of a two-month consolidation pattern, indicating a possible bullish trend resumption. This could be a sign that the market is regaining momentum after a recent correction. Keep an eye on key levels of resistance and support to gauge the strength of this potential trend reversal.

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This breakout could be a sign of renewed momentum for Bitcoin. I'll be monitoring the 200-day MA closely to see if it can hold as support and potentially propel the price higher.