Bitcoin has reclaimed its 20-day moving average, opening room for upside toward $123,045, though stops should remain below the 20-day line (Exhibit 1). As long as price holds above short-term support — including the 13-day moving average at $109,989 — the bullish bias stays intact (Exhibit 2). Reversal signals are improving and still have room to expand; while ideal reset levels weren’t fully reached, price came close to attractive entry territory (Exhibits 4–6).
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