Bitcoin is showing a setup worth watching.
$BTC has reclaimed the weekly 50 EMA, while the RSI is forming a structure similar to the one seen after the 2022 bottom.
The key now is whether price can hold this level and build further momentum.
A retest could happen but the broader chart is showing encouraging signs for bulls.
The next move depends on confirmation, not speculation.
#BitcoinOptionsVolatilityHitsFiveYearLow #BitcoinReclaims$84K $LAB
$BTC has reclaimed the weekly 50 EMA, while the RSI is forming a structure similar to the one seen after the 2022 bottom.
The key now is whether price can hold this level and build further momentum.
A retest could happen but the broader chart is showing encouraging signs for bulls.
The next move depends on confirmation, not speculation.
#BitcoinOptionsVolatilityHitsFiveYearLow #BitcoinReclaims$84K $LAB