Jo
@q1uick13
Bitcoin's recent surge above $12,000 has sparked a wave of optimism among investors. However, it's essential to remember that this rally is still in its early stages and may be vulnerable to a pullback. As we await further price action, keep an eye on the weekly momentum indicator, which is currently showing signs of exhaustion. A break of the 50-period moving average could be a key level to watch for further direction.
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