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Bitcoin Bull Market Signal Flashes For The First Time Since 2023 Bitcoin has reclaimed its 365-day moving average, which CryptoQuant uses as a key cycle signal. The average currently sits near $80,500, while Bitcoin bitcoin:native trades above $86,000. This is the first reclaim since March 2023, according to CryptoQuant. The firm now identifies $88,000 to $90,000 as the next major resistance zone.

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