Over the past two days, BTC has shown signs of a rebound after dipping to a low of $83,034.23. Despite a sharp drop from the recent high of $86,100, the price has started to stabilize and consolidate in the $83,000–$83,500 range.
This rebound is reflected in the slowing bearish momentum on the MACD histogram and the RSI gradually climbing from oversold levels. The formation of higher lows in the 15-minute chart suggests buying interest is slowly returning, and if BTC can reclaim key short-term EMAs, particularly the 25 and 99, it could confirm a short-term bullish reversal. This rebound appears to be a reaction to oversold technical conditions, but sustained recovery will depend on reclaiming resistance levels and broader market sentiment.
