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Bitcoin reclaims 50-week moving average: Is the bear market over?
Published Source: CoinTelegraphRead original
Crypto Insight Summary: Bitcoin’s move above its 50-week moving average has historically marked the end of bear markets, but analysts say one weekly close isn’t enough to confirm a new bull run. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Technical breakout above 50-week MA signals potential trend reversal but needs confirmation.