Bitcoin is starting to recover promisingly:

Learn about our complete analysis and current technical forecasts for Bitcoin.

Technical analysis for the BTC/USD pair: Bitcoin is consolidating below the key resistance level after a strong rebound (+10%), with increased volumes and a confirmed upward trend across all timeframes.

Derivatives analysis (BTC/USDT): Speculative activity resumes, with rising open interest, buyer dominance, short pressure, and moderate positive funding rates.

Bitcoin price forecasts (BTC): A confirmed bullish scenario if the Bitcoin price remains above $91,600, with targets reaching $109,354; below this threshold, there is a risk of correction towards $74,500.

The technical backdrop remains supportive, but market reactions to key areas and macroeconomic data will be crucial going forward.

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