<ul><li>The Bitcoin price is approaching the 200-day moving average (200-MA) once again, which historically has led to parabolic price surges.</li><li>Breaking above the 200-MA has previously signaled the start of explosive rallies for Bitcoin.</li><li>In the past, each time Bitcoin broke above the 200-MA, it resulted in significant price increases, ranging from 275% to 7,513%.</li><li>Bitcoin's current price action near the 200-MA of around $65,844 has become a major point of interest for traders.</li></ul>

Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?

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