According to BlockBeats news, on December 10th, CryptoQuant analyst Axel posted on social media that Bitcoin has regained its bullish structure after a pullback to $80,000. The move comes against the backdrop of the market almost fully pricing in a third consecutive rate cut by the Fed, which will improve financial conditions and open a window for further asset gains without Powell releasing hawkish surprise signals. Since the peak pullback to the $80,000 range in October, the price has shown a steady upward trend over the past 14 days. The key signal is: the 200-day moving average (DMA) slope (blue histogram) has turned positive for the first time in a month, indicating that short-term bullish momentum has returned. The current price has stood above the 50-day and 200-day moving averages, and the trend is confirmed. The 52-week high (orange line) forms a key resistance level – once breached, it will open room for subsequent gains.
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