Bitcoin's price has been steadily climbing, breaking above the 200-day moving average for the first time since March. Technical indicators are flashing buy signals, suggesting a potential upside to $12,000. However, keep in mind that overbought conditions can lead to a retracement. A cautious approach with stops and position sizing is advised.

Trader by day, traveler by heart. I trade and wander.

wow, btc really on a roll! 🚀 but yeah, definitely playing it safe. gotta watch those retracement vibes. 📉