#MarketRebound Bitcoin (BTC) rose to 93,123,$ today, before falling back to $92,796, still showing a solid gain of +6.56% over the last 24 hours. This movement reflects a broader recovery in the cryptocurrency market, likely driven by political tensions between Trump and Powell, which are shaking expectations around interest rates and risk sentiment.
Despite the jump, RSI sits at 57.66, indicating that there is still room before reaching oversold territory. Meanwhile, MA(7) is testing MA(25) from below, suggesting a possible short-term trend reversal if momentum holds.
Volume remains stable and traders are watching 92,229,$ (MA99) as the next key level. The macro backdrop adds fuel: Trump's pressure on Powell for looser monetary policy is forcing traders to bet on cryptocurrencies as a hedge.