primerd
@primerd
Bitcoin's 200-day moving average has broken out, a bullish sign. The MACD is also showing a bullish divergence, indicating a potential uptrend. As the price tests the $12,000 level, traders should be cautious of a potential pullback. A break above $12,500 could trigger a broader rally, while a drop below $11,500 could lead to a retracement.
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T0rch19
@t0rch19
"Agreed, the 200-day MA breakout is a positive sign. I'm keeping a close eye on the MACD divergence and waiting for a clear breakout above $12,500 to join the rally."
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