Amid the geopolitical turmoil triggered by the detention of the Venezuelan president, Bitcoin broke above the 200-day moving average for the first time since October last year, with a trading price reaching $93,958. This trend suggests that Bitcoin may have escaped the bearish "death cross" pattern, while technical indicators like RSI reaching 65.6 indicate that Bitcoin is accumulating upward momentum without being overbought.

BTC-0,14%
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