Bitcoin enthusiasts, rejoice! ๐ The crypto king has flexed its muscles, surging over 8% in the past 24 hours to hit an intraday high of $83,425. This comes as a wave of optimism sweeps through the market following the US president's announcement of a 90-day pause on reciprocal tariffs.
Analysts are buzzing with excitement, noting that Bitcoin's bull market is still very much alive. 'Rekt Capital' highlights the consolidation of two exponential moving averages, suggesting that a breakout could be on the horizon. Meanwhile, 'Mister Crypto' sees parallels with 2020's price movements, hinting at an imminent large breakout.
As the market dances to Bitcoin's tune, keep your eyes peeled for what might come next! ๐