Bitcoin Bull Market Engaged? 50-Week Moving Average Flips Bullish

Bitcoin has closed above its 50-week simple moving average for the first time in this cycle, potentially signaling a shift to a bull market. Sean Hagan from Bitcoin Magazine estimates an 80% chance of this being a genuine regime change. For more details, see the original article on Bitcoin Magazine.

Sources

• Bitcoin Magazine — Bitcoin Bull Market Engaged? 50-Week Moving Average Flips Bullish

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