Has a new bullish chapter begun?
After a correction wave from the peak, Bitcoin formed a strong bottom between $74,000 and $76,000 and is now moving within a continuation pattern (bullish flag) that suggests a resumption of the upward trend.
Key Points:
• The price is holding above $91,000, which is important psychological and technical support.
• Momentum indicators (TMO + MACD) have begun to show positive crossovers from oversold areas.
• Every time in this uptrend, when the indicators become oversold and turn positive, it has been the start of a strong bullish wave.
• Surpassing $100,000 and holding above it will ignite a push toward new highs.
• The next target if the momentum continues: $138,000, then $162,000.
Conclusion:
The market is poised for a strong move. Holding above $91,000 is important, and breaking $100,000 will be a turning point.
