Is Bitcoin's Bull Market Truly Back?

Is Bitcoin's Bull Market Truly Back?

Bitcoin rebounded from $76K—NUPL, Hash Ribbons, and LTH supply suggest the bull market’s back. But is it for real?

The Bitcoin slumped to 80,000 dollars in the meantime, but then recovered and is currently quoted at 87,000 dollars. For Kryptofans, the question now arises: Does the current level already offer a favorable (after) purchase opportunity or does the next bear market only start?

Bitcoin Price Holds Steady At $88K—Will Bulls Break Through Critical Resistance? — TradingView News

The price of Bitcoin has remained supported above the $86,000 range. BTC is currently in a consolidation phase and may target a move above the $88,000 resistance level. Bitcoin initiated a fresh recovery wave above the $86,800 threshold. The price is currently trading below $87,200 and the 100 hourly Simple Moving Average. A significant bearish trend line is forming with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed f…

Bitcoin Price Stalls at $88K—Can Bulls Overcome Key Resistance? - BTCNEWS - Bitcoin and Crypto News

Bitcoin price remained supported above the $86,000 zone. BTC is now consolidating and might aim for a move above the $88,000 resistance zone. Bitcoin started a fresh recovery wave above the $86,800 zone. The price is trading below $87,200 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another incr…