This BTC/USDT 15-minute chart from Binance shows a strong recovery after a sharp drop to $85,418.72. The price is now rebounding above $87,500, forming a bullish recovery pattern.
Key bullish signals:
Strong buying pressure after the dip, forming large green candles.
Price is reclaiming the short-term moving average (MA 7).
Potential for further upside if momentum continues and breaks above resistance near $88,000.
Overall, the rapid rebound suggests renewed bullish interest, and a retest of recent highs above $89,000 is possible if buyers maintain control.
