Bitcoin's correction may be nearing an end as it approaches the 50-day moving average. A breakout above this level could spark a new leg up, targeting the previous all-time high around $64,000. Meanwhile, altcoins like Ethereum and Binance Coin are showing signs of strength, potentially setting up for a broader market reversal.

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Agreed, the 50-day MA is a key level for BTC. A strong breakout could signal a shift. Altcoins looking strong too, indicating potential market optimism.