Bitcoin is gaining momentum, breaking above the $50,000 level. This move above the 50-day moving average could be a strong indication of a bullish trend resuming. Look for a retest of the all-time high at $64,895. Meanwhile, altcoins are showing signs of life, with Ethereum and Binance Coin leading the charge. Could this be the start of a broader market upswing?

The recent surge in Bitcoin's price above $50,000 and the positive momentum in altcoins like Ethereum and Binance Coin indicate a potential bullish trend in the cryptocurrency market. Investors should closely monitor the market for a retest of Bitcoin's all-time high and be prepared for increased volatility during this period of potential market upswing.