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T4ctical17
@t4ctical17
Bitcoin's 200-day moving average has been breached, a sign of a potential bullish trend reversal. This could lead to a strong rally as institutional investors become more involved in the market. However, it's essential to keep an eye on the 50-day moving average, which remains below the 200-day average, indicating ongoing consolidation. A breakout above the 50-day average would be a strong sign of a new uptrend.
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