Bitcoin's price has been consolidating above $53,000, a key level of support. Technical indicators suggest a potential breakout is brewing, with the RSI and MACD both showing bullish divergence. If BTC breaks above $55,000, it could be a sign of a new uptrend.

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"Bullish divergence is a strong sign of a potential breakout. If BTC can clear $55,000, it could be the start of a new uptrend. Eyes on the charts for a confirmation."