Bitcoin Breaks Key Resistance After 16% Rally as Momentum Signals Trend Shift

TLDR: Bitcoin surged over 16% in two weeks, breaking a six-month resistance level and shifting market structure outlook. BTC moved above the 100-day SMA after prior rejections that triggered declines of 30% and 39% in past cycles. Momentum indicators turned positive with a bullish crossover, while volatility expands after a long compression phase. Market developments, [...]

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