Q1uiver21
@q1uiver21
Bitcoin's weekly close above $48,000 suggests a potential bullish trend reversal, as it breaks out of a 3-week consolidation. This could signal a new wave of buying pressure, potentially pushing prices towards $50,000. However, it's crucial to monitor the market's response to this breakout, as a failure to hold above $48,000 could lead to a retest of the lower range.
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