Bitcoin is showing one of the strongest technical signals we've seen in months.
After reclaiming the 50-week moving average around $78.7K, many traders believe the bear market phase may be ending. Historically, this level has often acted as a turning point after major corrections.
BTC is still trading inside the $71K-$82K range, but a breakout above $82.5K-$83K could open the door for higher targets. For now, all eyes are on whether buyers can maintain momentum and secure a strong weekly close.
Are you bullish or bearish on Bitcoin from here? $BTC
$ETH
$BNB
After reclaiming the 50-week moving average around $78.7K, many traders believe the bear market phase may be ending. Historically, this level has often acted as a turning point after major corrections.
BTC is still trading inside the $71K-$82K range, but a breakout above $82.5K-$83K could open the door for higher targets. For now, all eyes are on whether buyers can maintain momentum and secure a strong weekly close.
Are you bullish or bearish on Bitcoin from here? $BTC
$ETH
$BNB
