Technical Analysis BTC has made a strong bounce from the recent low of $74,508, now breaking above key resistance at the 25-day MA ($86,881.38). Price is currently testing the psychological level of $91.5K, which aligns with the local high.
The 7-day MA has crossed above the 25-day MA – a bullish short-term signal – and volume is confirming upward momentum.
Momentum Shift Confirmed: MACD is curving upward, and the 99-day MA sits comfortably below at $79,740, reinforcing medium-term support.
Price Prediction (Short-Term): If momentum continues and BTC holds above $90K, we could see a retest of the previous high near $103K. Support: $86.7K Resistance: $95.2K, then $103.3K