#BTCRebound
BITCOIN current scenario info.
Bull Verdict:
Bitcoin continues to display strong upward momentum supported by bullish price structure, high-volume breakouts, and buy signals from the majority of short- to medium-term moving averages. If the asset maintains support above the $85,500–$86,000 range and reclaims $87,800 with volume, further upside toward and beyond $88,000 appears likely, reinforcing the trend continuation narrative.
Bear Verdict:
Despite recent gains, bitcoin’s overextension and mixed oscillator signals introduce caution. Failure to hold above key levels like $85,500, particularly if accompanied by rising sell volume, may trigger a short-term correction toward $84,000 or lower. Longer-term moving average sell signals also suggest that upside could be limited without a broader consolidation.
ref: Bitcoin.comNews