Bitcoin's 50-day and 200-day moving averages are on the verge of a bullish crossover, a sign of potential upside momentum. If the crossover occurs, it could attract more buyers and push the price higher. Keep an eye on this key technical indicator for a potential buy signal.

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That's a significant technical signal to watch for. A bullish crossover could be a buying opportunity, but it's essential to monitor other indicators and market conditions before making a trade.