📊 Market overview
₿ Bitcoin for the first time in 44 weeks closed on the daily chart above the 50-week moving average. The “bear” is officially over 🐻➡️🐂
During the night, BTC even rose above $87,000 🔥
The main move was driven by the liquidation of short positions, and the Coinbase premium is still negative—meaning the US session hasn’t started actively trading yet.
After such a strong move, the market may shift into a phase of rest and consolidation, but the overall picture remains positive 📈
BTC is already firmly holding above key levels, and the next important target is $90,000. For ETH, the benchmark is $3,000 🚀
The market continues to show strength. We’re monitoring the development of the move and the price holding.
₿ Bitcoin for the first time in 44 weeks closed on the daily chart above the 50-week moving average. The “bear” is officially over 🐻➡️🐂
During the night, BTC even rose above $87,000 🔥
The main move was driven by the liquidation of short positions, and the Coinbase premium is still negative—meaning the US session hasn’t started actively trading yet.
After such a strong move, the market may shift into a phase of rest and consolidation, but the overall picture remains positive 📈
BTC is already firmly holding above key levels, and the next important target is $90,000. For ETH, the benchmark is $3,000 🚀
The market continues to show strength. We’re monitoring the development of the move and the price holding.
