$BTC #BTCRebound BTCUSDT Sentiment Shift – Correction Ending?
The BTCUSDT market recently faked out below its March low, only to rebound strongly from that level—signaling potential buyer strength.
In a promising move, price action has now broken above the descending trendline that defined the correction phase. This could point to an emerging bullish sentiment. Still, caution is key—there’s always the risk of another false breakout. Should that happen, we could see the formation of an inverse head and shoulders pattern.
Major resistance has formed near the $84,000 mark, where price has repeatedly struggled to break through—making it a critical level to watch. If momentum continues, BTC could range between $84,000 and $89,000 before potentially targeting the March highs again.
If the current structure holds, we may see bullish momentum strengthen into the end of the month. But, as always, sudden negative catalysts could disrupt the outlook.
Medium-term target: The key resistance zone around $94,800.
Traders—if this analysis resonates with you or you see it differently, feel free to drop your thoughts in the comments!
Trade safe. Stay smart.
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Stay tuned for more updates.
