Bitcoin Reclaims Key Levels, Eyes $90,000 Target
Bitcoin has regained several important technical levels that typically mark the end of bear markets. According to Skyodelic, Bitcoin has completed 80% of the data needed to confirm the market bottom. However, a weekly close above $82,000 is still required for full confirmation.
If Bitcoin surpasses this level, it could quickly rise toward $90,000; otherwise, it may dip to $75,000 before a breakout. The coming week and month will be crucial in determining the trend reversal.