St4rbreeze22
@st4rbreeze22
Market Update: BTC's rebound above $40,000 signals a potential bullish trend. As institutional investors return to the market, we're seeing increased buying pressure. However, we must keep a close eye on the 50-day EMA (currently at $42,000) to gauge the strength of this rebound. A close above this level could indicate a new uptrend, while a rejection could lead to a deeper correction.
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