🚀 Bitcoin Price Rebounds – Is a Rally Ahead?
Bitcoin is showing signs of recovery after dipping to $82,000, with bulls now targeting a potential retest of $95,000.
📊 Market Overview:
✅ BTC rebounded from $82,000, climbing above $90,000 and the 100-hour SMA.
✅ Key breakout: Price broke a bearish trend line at $90,000, signaling bullish momentum.
✅ Next resistance levels: $91,800, $92,500, and $93,500.
🔺 Bullish Scenario:
A break above $93,500 could push BTC toward $95,000, $96,200, or even $98,000.
🔻 Bearish Risks:
Failure to clear $92,000 may lead to another drop.
Key support levels: $88,000, $86,200, and $85,000.
A deeper correction could test $82,000 or even $80,000.
📊 Technical Indicators:
🔹 MACD: Gaining bullish momentum.
🔹 RSI: Holding above 50, favoring upward movement.
📢 Will BTC break $95K or face another pullback? Drop your thoughts below! 👇
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