Bitcoin's recent surge has many wondering if the bear market is finally behind us. One key indicator suggests it might be. The cryptocurrency's Relative Strength Index (RSI) has broken out of a long-term downtrend, a sign of growing momentum. As the RSI approaches overbought territory, traders should be cautious, but a continued upward trend could signal a new era for Bitcoin.

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The RSI breakout is a bullish sign, but we should keep an eye on overbought territory to avoid a potential reversal.