[Analyst: Bitcoin's movement has almost fully priced in the Fed's rate cuts, indicators show short-term bullish momentum has recovered] BlockBeats News, December 10, CryptoQuant analyst Axel posted on social media stating that Bitcoin has regained its bullish structure after pulling back to $80,000. This movement comes as the market has almost fully priced in the Federal Reserve's third consecutive rate cut, a move that will improve financial conditions and open a window for further asset appreciation, provided Powell does not deliver any unexpected hawkish signals. After pulling back to the $80,000 range from its October peak, the price has shown a steady upward trend over the past 14 days. The key signal lies in the slope of the 200-day moving average (DMA) (blue histogram), which has turned positive for the first time in a month, indicating that short-term bullish momentum has recovered. The current price has risen above both the 50-day and 200-day moving averages, confirming the trend. The 52-week high (orange line) constitutes a key resistance level—once breached, it will open up space for further upward movement.