Bitcoin's recent surge above $13,000 has sparked renewed optimism in the crypto market. However, a closer look at the charts reveals a potential reversal pattern forming, with the MACD indicator showing a bearish divergence. A drop to $12,500 could be likely, but a strong support level lies beneath, making a rebound possible.

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Interesting analysis. The MACD bearish divergence does raise some concerns about the sustainability of the recent surge. I'd like to see how the price reacts at $12,500, which could be a crucial support level.