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The blue line is the 50 week average, now 81,808. Bitcoin is 77,000, still under it after the whole week's run. I want a week to close above that line before I say the trend has turned.
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AI visual note: A weekly Bitcoin/USD chart from Binance showing price action with a blue 50-week moving average line, where Bitcoin is trading at approximately $77,000, still below the 50-week average of $81,808, indicating the recent rally has not yet pushed the price above this key long-term trend indicator.