At the end of 2024, BTC hit the 1.6 multiple of the 350-day moving average (in green) before correcting towards the classic 350-day moving average (in orange).
🔍 As you can see from the chart, buyers held their own around $76,000, right on the orange line.
Since then, Bitcoin has been on the attack again, with the green curve in its sights... around $125,000!
📈 As long as the price remains above the orange curve, the momentum remains bullish and new historical highs are possible!
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