#SaylorBTCPurchase

Bitcoin surpasses $87K: Bulls expect a breakthrough to $92K

Bitcoin has reclaimed $87K and is now targeting $92K, fueled by the excitement surrounding Michael Saylor and a surge in activity in the derivatives market.

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As Bitcoin recovers to $87,000, the crypto market is once again showing a bullish sentiment. At the time of publication, Bitcoin is trading at $87,424, marking an intraday recovery of nearly 3%.

Bullish momentum signals a potential breakthrough from a significant supply zone near the $88,000 mark. Will the recent sentiment driven by Michael Saylor and the growing interest in the derivatives market influence BTC prices back to $92,000?

Bitcoin price analysis signals a breakthrough at $88K

On the daily chart, BTC shows a bullish breakout from a descending wedge, gaining momentum. With the intraday recovery, Bitcoin has surpassed the long-awaited resistance level around $86,000.