Bitcoin is flirting with breaking above the 12-hour cloud for the first time since October rolled around. The move comes as BTC finds itself pressed against the 50-day moving average—a key resistance level that traders are closely watching. This technical setup has caught the attention of the market, with the cloud breakout potentially signaling a shift in near-term momentum. Whether this translates into sustained upside or a pullback from the 50DMA will be crucial to watch in the coming sessions.
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POAPlectionist
· 10h ago
Waiting again for the cloud layer to break through; whether the 50-day moving average can be broken is the real point of interest.
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SerNgmi
· 01-04 09:57
It's the same old story with the cloud breakthrough again. It feels like we've been shouting about it for a long time, but there's no real progress.
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GhostWalletSleuth
· 01-02 14:02
Still messing around with the 50-day moving average. Will this cloud breakout really succeed?
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SchrodingerAirdrop
· 01-02 14:02
Here we go again with this technical analysis... If the 50-day moving average can't break, there's no need to bother.
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SchroedingersFrontrun
· 01-02 14:02
It's the same old cloud breakthrough rhetoric again, feels like they're rehashing the same story every month.
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BakedCatFanboy
· 01-02 14:01
Is the 12-hour cloud about to break? Let's see if the 50-day moving average will give some face first.
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ValidatorViking
· 01-02 14:00
clouds breaking, 50dma holding... seen this movie before. network resilience > price action anyway ngl
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WagmiAnon
· 01-02 13:41
12-hour cloud breakout? The old demon sword is testing again. Let's see if it can really break through.
Bitcoin is flirting with breaking above the 12-hour cloud for the first time since October rolled around. The move comes as BTC finds itself pressed against the 50-day moving average—a key resistance level that traders are closely watching. This technical setup has caught the attention of the market, with the cloud breakout potentially signaling a shift in near-term momentum. Whether this translates into sustained upside or a pullback from the 50DMA will be crucial to watch in the coming sessions.