🚨 BITCOIN JUST FLASHED ITS BIGGEST RECOVERY SIGNAL IN WEEKS
Bitcoin surged 7% this week and reclaimed its 200-week moving average.
Historically, that's a level long-term investors watch very closely.
The bulls are finally gaining momentum.
A bullish RSI divergence is beginning to form.
The US economy remains resilient.
ISM is near a 4-year high.
The Russell 2000 is printing fresh all-time highs.
Geopolitical tensions are easing as US-Iran peace talks continue.
But the battle isn't over.
The 4-year Bitcoin cycle still points to the possibility of a new low later this year.
BTC also remains below both the 20-week and 50-week moving averages.
The weekly Death Cross is still active.
The levels that matter now are simple.
$58K is the line bulls must defend.
$67K is the breakout level that could trigger the next major rally.
If Bitcoin clears $67K with strong momentum, attention quickly shifts toward $83K.
The next few weeks could decide whether this is the start of a new bull leg... or just another relief rally.
#Bitcoin #BTC #Crypto #Trading #Investing