$BTC Extends Its Recovery â Eyes on the $100,000 Milestone đ
Bitcoin has secured a solid base around the $80,000 psychological level, fueling a steady rebound over the weekend and climbing nearly 5% since the start of the week. As of Friday, BTC is trading near $91,000, showing strong momentum in favor of buyers.
đ„ Momentum Outlook
If current strength continues, Bitcoin could push further toward the next major psychological milestone at $100,000 â a level closely watched by market participants.
đ Technical Breakdown (1D Timeframe)
âą RSI: Currently around 40, gradually approaching the neutral 50 zone â indicating selling pressure is easing.
âą MACD: A bullish crossover formed on Thursday, issuing a technical buy signal and supporting the case for continued upside.
đĄïž Downside Risk
If the recovery loses momentum or faces rejection, BTC may retrace to retest the key support zone near $85,000 before attempting another push.
Overall, the trend remains in recovery mode as long as BTC holds above major weekly supports.
đ Is $100K next? Market eyes are locked in.
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