CoinVoice has recently learned that CryptoQuant analyst Axel posted on social media stating that Bitcoin has restored its bullish structure after retracing to $80,000. This trend is set against the backdrop of the market having almost fully priced in the Federal Reserve's third consecutive rate cut, which will improve financial conditions and open a window for further asset appreciation, provided that Powell has not released any hawkish surprises. After retracing from the peak of $100,000 in October to the $80,000 range, the price has shown a steady upward trend over the past 14 days. The key signal is that the 200-day moving average (DMA) slope (blue bar chart) has turned positive for the first time in a month, indicating that short-term bullish momentum has been restored. The current price has risen above both the 50-day and 200-day moving averages, confirming the trend. The 52-week high (orange line) constitutes a key resistance level—once broken, it will open space for subsequent increases.[Original link]

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