Bitcoin may have exited a bear market, but is it out of the woods just yet?

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and something that I've been writing consistently about and talking about consistently on my YouTube show and of course here where I literally did entire shows about it

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is that the Bitcoin bottom was likely in. Well, now we have the confirmation that we need that the Bitcoin bear market is over.

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I took a screenshot for you guys earlier, not even of the current price because it doesn't matter at the moment, as you can see on that weekly Bitcoin chart.

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That blue line is the 50 MA on the weekly. We are now above it.

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We had a weekly close above it yesterday on Sunday. That has been the confirmation of every bear market to bull market transition

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in the past for Bitcoin.

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More importantly, that black line at $28,814, which is an oddly specific amount, shows Bitcoin breaking out

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for a higher high. For technical analysts who look at charts and believe in them, there is no more bare case for Bitcoin.

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We had a 126 peak and since then have only had lower lows and lower highs in price. Every rally was shallower or came to a lesser lower point than the one before it.

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