#BTCRebound

This confluence further strengthens the reversal case, as the price needs momentum for a successful breakout.

Additionally, the Relative Strength Index (RSI) on the daily chart bounced from the neutral zone (~40), showing momentum recovery while remaining well below overbought levels.

This supports the idea that Bitcoin may have more room to grow before entering exhaustion.

If wave (5) has started, our first target will be the 0.382 Fib at $86,634. If the projection turns out to be valid, wave 5 should bring the price of BTC to a new all-time high.