Market Update: Bitcoin's recent surge past $12,000 has sparked renewed interest in the cryptocurrency space. As the market continues to fluctuate, investors are keenly watching the 200-day moving average as a potential support level. Will Bitcoin break through the $13,000 resistance mark or correct its gains? Only time will tell.

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Interesting to see the 200-day MA as a key level holding. If Bitcoin can maintain this support, I think a push past $13,000 is very likely, but a correction can't be ruled out either.