$BTC "Bitcoin Surges to $85,245.01 and it's goes to $90K.
The cryptocurrency market i as Bitcoin hits $85,245, marking a significant bullish move this week. The question on everyone's mind: will it continue its upward trajectory to $90,000 or is a short-term pullback overdue?
Key Factors to Watch:
⏩Strong Support: $82,000 has proven to be a robust support level, providing a foundation for further growth.
🔜Institutional Interest*: Growing interest from institutional players post-halving could fuel further growth and stability.
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▶️RSI Indicator*: With the RSI creeping into overbought territory, a shakeout could be on the horizon.
⏹️Possible Scenarios:*
🚁Breakout*: If Bitcoin holds above $84,000 through the weekend, $88,000-$90,000 could be within reach next week.
- *Pullback*: A healthy dip could occur, potentially allowing for a stronger upward move in the long run.
*What to Expect:*
As the market continues to evolve, it's essential to stay informed and adapt to changing trends. Will Bitcoin break $90,000 before May, or are we due for a correction? Share your thoughts and let's discuss!
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