Bitcoin bounces: random impulse or the beginning of a new cycle?
After a pullback to $74,000, Bitcoin has come back to life. It is now confidently trading above $84,000 — and the market is holding its breath. This is not just a technical bounce: volumes are increasing, interest is returning, and the backdrop before the halving is becoming increasingly tense.
What we're watching:
• A breakout above the $87,000 zone could open the way to $90K+
• RSI is approaching the overbought zone but remains in a 'healthy' bullish range
• The main support is still around $74K — hold it, and the bulls will dominate
Big players have become active, and altcoins are slowly catching up. All of this feels less like a spike and more like preparation for a new phase — especially if BTC can hold above $85,000 for a couple of days.
The bounce is there. The question is how deep it is.
Not investment advice, just an observation from the front row at the Bitcoin show.