Bitcoin is currently trading at around $88,004, recording a 4.05% increase in the last 24 hours.
Bullish Breakout: Bitcoin broke through the week-long consolidation range between $83,000 and $86,000, indicating strong upward momentum.
30-Day Exponential Moving Average: The price has exceeded this average, reinforcing positive expectations.
Support and Resistance Levels:
Support: $84,303, $83,510, and $83,001.
Resistance: $85,604, $86,113, and $86,906.
Fear and Greed Index: The index shows a state of "fear," which may indicate potential buying opportunities for investors following a "contrarian" strategy.
