$BTC Bitcoin Eyes a Strong Rebound: Key Supports and Next Target Revealed

Bitcoin is currently trading near a crucial zone where the market is watching two major support levels very closely. The first support lies at $90,500, while the second strong support is positioned at $88,500. These levels have historically acted as strong demand zones, attracting buyers whenever price dips into this range.

If Bitcoin manages to hold above these supports and we see a bounce back from this area, it could open the door for a fresh bullish wave. In such a scenario, the next major target for Bitcoin will be the $98,000 level, which also acts as a psychological resistance and a key area for potential profit-taking.

Market sentiment remains cautiously optimistic, and traders are closely monitoring price action around these supports. A strong bounce could signal renewed momentum, while a breakdown may push the market into consolidation.

Overall, Bitcoin’s structure still favors a bullish continuation — as long as it holds above $88,500.