On the daily chart, bitcoin (BTC) exhibits a strong bullish trend after breaking free from a prolonged downtrend, finding significant support near the $74,434 level. Volume activity has increased notably since mid-April, indicating renewed buying interest as the price propelled upward. Immediate resistance looms at $95,857, a point that, if surpassed with strong volume, could catalyze an accelerated rally. Conversely, support zones near $88,000 to $90,000 present critical levels for bulls to defend.
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On the daily chart, bitcoin (BTC) exhibits a strong bullish trend after breaking free from a prolonged downtrend, finding significant support near the $74,434 level. Volume activity has increased notably since mid-April, indicating renewed buying interest as the price propelled upward. Immediate resistance looms at $95,857, a point that, if surpassed with strong volume, could catalyze an accelerated rally. Conversely, support zones near $88,000 to $90,000 present critical levels for bulls to defend.