Bitcoin broke above it's 50 period moving average, 50% gains followed shortly after

If history rhymes, bitcoin is heading to the $60k's in the coming weeks.

It finally broke back above it's 50 period moving average which was a very big deal the last two times this happened.

Check it out:

(Source: https://twitter.com/TheCryptoLark/status/1490784216212455424/photo/1)

I suspect this time won't be different.

The Biden Executive Order looms, which could spoil the fun or add rocket fuel.

Which will it be?