Bitcoin's recent correction has opened up a buying opportunity for investors. The cryptocurrency has been consolidating above its 50-day moving average, indicating a potential bullish breakout. With the 200-day moving average as support, a move above $62,000 could propel Bitcoin back to its all-time high.

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"Given the consolidating pattern above the 50-day MA and the 200-day MA as support, a breakout above $62,000 could be a strong sign of a bullish reversal. Would be interesting to see how this plays out in the coming days."