Bitcoin bulls may win big as two key moving averages prepare to cross

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Can Bitcoin pull off another bull run based on two long-term trendlines?

Now back overhead and unchallenged by rebounds this week, the 200-week MA offers a verdict on the current lack of strength in Bitcoin.

In his Twitter thread, Dave the wave showed that the former is about to cross over the latter — and in the past, this has been followed by sustained price growth.

 

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