#MarketRebound Bitcoin (BTC) surged to $93,123 today before easing back to $92,796, still posting a solid +6.56% gain in the past 24 hours. The move reflects a broader crypto market rebound, likely triggered by political friction between Trump and Powell that’s shaking up rate expectations and risk sentiment.
Despite the bounce, RSI sits at 57.66, signaling there's still room before hitting overbought territory. Meanwhile, MA(7) is testing MA(25) from below, hinting at a potential short-term trend reversal if momentum holds.
Volume remains steady, and traders are eyeing $92,229 (MA99) as the next key level. The macro backdrop is adding fuel: Trump’s pressure on Powell for looser monetary policy is pushing traders to bet on crypto as a hedge.
Is BTC building strength for a breakout—or is this just a relief rally before the next pullback? Markets are watching closely.