A Convincing Bounce, an Unconvincing Trend: Bitcoin Tests 90K Again
BTC spikes on macro headlines and short-term structure, but low participation and unfinished downside levels keep the rally under suspicion.
🪙 Crypto Market Overview
Bitcoin has pushed back toward the 90,000 USD level, supported by a mix of fundamental headlines and short-term technical structure. Asian equity markets reaching a six-week high helped improve global risk sentiment, while renewed speculation around another large corporate BTC purchase added fuel.
Separately, a bullish short-term price pattern activated over the weekend after Bitcoin failed to break lower. That pattern leaves room for a continuation toward 92,000 USD, which also aligns with a key market pivot.
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