🤯 $BTC: Is $90K the Next Stop?

Bitcoin bounced powerfully off the $85,869 support – a key 78.6% Fibonacci level – and has been climbing for three days straight, up 3.67%! 🚀

We’re now facing a critical test against a descending trendline formed since October. A decisive break *above* $90,000 and a solid close could send us soaring towards $94,253.

Momentum is building: RSI is creeping towards 50 (signaling weakening selling pressure) and the MACD just flashed a bullish crossover.

However, failure to hold this momentum could see a retest of $85,569. Keep a close eye on that trendline! 👀

#Bitcoin #BTC #Crypto #TechnicalAnalysis 📈

BTCUSDT

Perp

89,318.7

+1.20%