Professional market and crypto analyst believes both assets will move forward in foreseeable future
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Let's turn to the technical analysis of the charts provided. Bitcoin, as observed, has maintained a strong uptrend, punctuated by higher highs and higher lows, a bullish indicator. The moving averages – a tool used to smooth out price action over a given time frame – are in perfect bullish alignment, with the price consistently finding support at these levels. Notably, the 50-day moving average acts as dynamic support, a sign that the bull trend is robust.
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