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🚨 $BTC just closed above the 50-week MA.


Bitcoin is currently around $81.5K after reclaiming the 50W MA near $78.2K.
This is an important level because previous major cycle recoveries also saw BTC reclaim the 50-week moving average before stronger upside followed.
But one weekly close isn't enough to call a trend change.
The next thing to watch is whether BTC can hold above the 50W MA and eventually reclaim the $84K resistance area.
If that happens, the setup gets a lot more interesting. 👀
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BTCBTC+2.12%

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ArbFixer
2 hours ago
The 50-week moving average has been reclaimed, but we still need to see whether it can hold; 84K is the real battle.
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EmotionCycle
2 hours ago
If BTC gets past the $84K hurdle, bears will be in for a rough time.
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BridgeInspector
2 hours ago
History doesn’t simply repeat, but it does rhyme—indeed, it seems that way.
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BollingerDancer
2 hours ago
First Review
Holding 78.2K is just the first step; the next two weeks are crucial.
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