source avatarWaylon

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The $BTC bull market support band and the 50-week MA are crossing, which signals that the bear market on the weekly chart is officially over. Historical data from the past three cycles shows that once these two indicators cross, the bear market is behind us and Bitcoin rallies straight to a new ATH (ignoring the COVID crash, of course). It's happening now. We should stay bullish unless an unpredictable black swan drops.

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