#BTCRebound Bitcoin is on fire... and it's not because of a halving!
The most famous cryptocurrency in the world, Bitcoin (BTC), reached $86,000 after President Donald Trump's announcement that he will exclude certain Chinese products from his tariffs 🛃🇨🇳💼.
What does this mean? 🧐
A reduction in trade tensions improves global market sentiment, and in this case, liquidity overflowed in crypto faster than an altcoin in FOMO mode 💦💸⚡.
End of the drop? Maybe! 📉➡️📈
After weeks of decline, BTC rebounds strongly with a +7% weekly 📊🟢📆. But beware: several traders warn that this smells like a weekend “fake out” 🕵️♂️💤.
Roman (@Roman_Trading) dropped this gem on X:
> “Call me crazy, but I don't trust this rally. Low volume, overbought and... it's the weekend!”
😅📉🕰️
Daan Crypto Trades also focused on the 200-day EMA as a “caution zone, brother” ⚠️📐🔍.
Rekt Capital, for its part, says Bitcoin is breaking the downtrend... but it needs confirmation 🧱🔄✅.
Bullish RSI? Confirmed 🔮📊🔥
The BTC RSI shows a bullish divergence. Translation: lower lows in price, but higher in RSI — a sign of an imminent bounce, according to those in the know 🧠🔝🕊️.
And now what? 🤔🚀💣
If BTC holds $84K until Monday, we could see an attack on $90K soon 🎯📆💪
If not... grab your stablecoins and wait for the storm 🌪️💼🔐
📎Reliable sources 📰✅
Cointelegraph - TradingView - X: @Roman_Trading, @DaanCrypto, @RektCapital
And what do you think? 💬👀
Do you think this is the start of the next bull run or a bounce with clay feet? 🐂📈 vs 🐸💀
I'll read you in the comments!
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