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Bitcoin Breakout or Bubble Pause | Bitcoin and Crypto News

Bitcoin Breakout or Bubble Pause | Bitcoin and Crypto News

Published 1 day, 14 hours ago
Description

Bitcoin’s surged 25% in a week, hitting $80K, but bulls need to break the key $81,870 fifty-week moving average to confirm the bear market’s end. While it’s cleared all daily moving averages—a major breakout—historical data suggests such rapid gains often lead to consolidation. With momentum strong and hype high, caution remains: true confirmation of a new bull run hinges on holding above that critical resistance level.

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