$BTC is currently showing strong bullish momentum after holding above its key support zone. Market sentiment remains positive as buyers continue to defend the $40k–$42k region, indicating ongoing accumulation.

Technically, BTC is forming a higher-low structure, which often signals the beginning of another upward move. If trading volume increases, Bitcoin may attempt to retest the next key resistance levels.

Key Levels to Watch

Support: 40,000 – 42,000

Resistance: 48,000 – 50,000

Trend: Bullish as long as price remains above support

Market Sentiment

Overall sentiment remains positive. Traders are maintaining a bullish outlook, and long-term holders continue to accumulate. This supports the potential for a gradual move toward the next breakout zone.

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BTC

90,923.72

-1.77%