Bitcoin Bulls Target $90,000 as Daily Momentum Holds Strong
Bitcoin ($BTC) is maintaining strong bullish momentum on the 1-Day chart after bouncing sharply from the $74,967 support zone. Price action reached a recent high of $87,395 before entering a healthy consolidation phase near $85,980, right above the 7-day moving average at $82,648. If buyers manage a daily candle close above the $87,400 resistance level, it will likely trigger a rapid continuation toward the $90,000 psychological target. On the downside, any minor pullback should find solid buying interest around the $82,650 to $83,600 support zone, while the overall bullish structure remains intact as long as price holds above the major $79,200 support area.
Bitcoin ($BTC) is maintaining strong bullish momentum on the 1-Day chart after bouncing sharply from the $74,967 support zone. Price action reached a recent high of $87,395 before entering a healthy consolidation phase near $85,980, right above the 7-day moving average at $82,648. If buyers manage a daily candle close above the $87,400 resistance level, it will likely trigger a rapid continuation toward the $90,000 psychological target. On the downside, any minor pullback should find solid buying interest around the $82,650 to $83,600 support zone, while the overall bullish structure remains intact as long as price holds above the major $79,200 support area.
