Bitcoin’s 50-Day EMA Set to Cross Over, Potentially Triggering a New Bull Run

Bitcoin is displaying strong technical signals that could indicate the start of a significant price rally. The 50-day exponential moving average (EMA) is poised to cross above both the 100-day EMA and the shorter 26-day EMA, often seen as a sign of momentum shifts with potential for substantial price fluctuations. After breaking through the key resistance at $100,000, Bitcoin has entered consolidation between $103,000 and $104,000. Analysts believe this pause could be short-lived before unleashing a renewed upward push. This pattern suggests a base is forming, supporting the case for further gains.