Bitcoin Eyes $90K as Bullish Momentum Builds Amid Breakout 🚀
Bitcoin is experiencing a surge, hitting $88,507 and getting closer to the important $90,000 mark. This rally follows a bullish breakout from an ascending triangle pattern, indicating growing upward momentum. Traders are focusing on key resistance levels at the 50-day and 100-day EMAs, placed at $90,237 and $90,291, respectively.
A significant move above these EMAs could lead to a sustained rally, sparking interest from institutional and retail investors. Supporting the bullish outlook is Bitcoin's strong rebound from the 200-day EMA, which served as dynamic support.
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