Bitcoin shakes off the lethargy and roars back: is this the start of a new bullish momentum?
Bitcoin has regained strength this Tuesday, rising nearly 7% and trading above $93,500. This movement marks a break from the lateral consolidation that kept the price contained after the last correction. The increase is accompanied by a surge in trading volume, a sign that buyers are regaining control.
This bullish momentum is not isolated: Ethereum and several altcoins like SUI and Dogecoin are also registering significant increases. The total market capitalization of the crypto market has risen to $2.78 trillion, reinforcing the thesis of a reactivation of risk appetite in the markets.
From a technical perspective, BTC shows signs of strength as it challenges key resistances. If the momentum holds, we could see a test of $95K in the short term, with $100K as a psychological target on the radar.
Are we at the beginning of the next bullish wave or is it just a technical rebound? The market is watching... and so are we.#MarketRebound $BTC