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Richard Teng
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BTC rebounds after retesting the $90K support level, according to the Bitcoin Price Forecast Although the price of bitcoin dropped, hitting a low of $89,256, it rapidly rebounded and finished on Monday at a price that was more than $94,500. The price is around $95,500 as of the time this article was written on Tuesday. Bitcoin would extend a further decrease to retest its next support level at $85,000 if it continues its slump and closes below $90,000. This would be the case if the price keeps falling. On the daily chart, the Relative Strength Index becomes flattened close to the neutral level of 50, which indicates that there is a reduction in momentum. On the other hand, the Moving Average Convergence Divergence (MACD) indicator exhibited a bearish crossing on Wednesday, which indicates a sell signal and a continuation of the continuing downturn. If Bitcoin is able to rebound and close above the $100,000 barrier, it has the potential to prolong the rally and retest the all-time high it reached on December 17, 2024, which was $108,353. #BTCMove #10DaysToTrump #ReboundOutlook #MicroStrategyAcquiresBTC #CryptoETFNextWave $BTC
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لا انصح ب الاستثمار التلقائي قبل مراجعه كافه الشروط لان الموضوع فيه خساره ممكن انت الي هتتحملها لن يكون هناك اي ردت فعل من قبل المنصه للخساره سيتم خسم ايضا رسوم الاستثمار حتا ف الخساره و الربح توخو الحزر
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