BTC broke through 50 day moving average for continue drive up

I wanted to bring to your attention the recent Bitcoin (BTC) movement after today's inflation report in the United States. BTC has moved back above the $26,000 level, following a low of $25,686.04 at the beginning of the week. Today, BTC/USD reached of $25800.

It is worth noting that the 50-day moving average will need to shift course and divert away from its current downward path in order to maintain this positive trend. The current price has been achieved.

I thought this information may be of interest to you and wanted to keep you informed.

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