Bitcoin's 200-day average trending towards surpassing $49,452 peak signals strong bullish momentum and historically leads to intense bullish market phases.
Past data shows after Bitcoin's 200-day SMA surpasses previous peaks, significant price rallies occur, such as over 2000% surge in 12 months after the new peak.
Historical patterns like BTC's bear market in November 2022 and subsequent rise are aligning with past cycles, indicating potential for a new rally post-halving.
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