BTC Market Hit 88644.6🚀 – Strong Rally Signals Bullish Momentum!

Today was a thrilling ride for BTC (Bitcoin) holders and traders! The market bounced from $86,327.0 to a peak of $88,850.0, marking the 24h high and confirming strong bullish pressure.

Key Highlights:

24h Low: $86,327.0 📉

24h High: $88,850.0 📈

Current Price: $88,644.6 (+1.98%)

Moving Averages:

MA(7): $88,483.4

MA(25): $88,368.8

MA(99): $87,726.2

Technical Analysis 🔍:

As seen on the 15m chart, BTC made a sharp bounce from the day’s low and pushed upward with strong green candles. The crossing of short-term MAs (MA7 & MA25) indicates an active uptrend. Volume also surged during the rally, confirming the price action.

Why the Pump? 🤔

Increased buyer interest

Bullish market sentiment

Possible rumors/news about ETF or institutional buying

Next Target 🎯:

Resistance: If $88,850 breaks, $89,500+ could be next

Support: $88,000 and $87,700 below

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Conclusion ✅

BTC hit the market hard today with a powerful rally. If momentum continues, we might see a new all-time high very soon. But remember, always follow risk management when trading!

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