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Tonight the market feels quiet, but tense.
Bitcoin has just recovered from its deepest wound at 88,505. There, at that lowest point, fear was at its peak. Many gave up, many closed their positions, believing that tonight would only end in red.
But the market has its own way of speaking.
Gradually, the first green candle appears. Not large, not conspicuous, but enough to give hope. Then another follows. And another. As if big hands are saying, “Enough. It’s already cheap here.”
The price begins to rise, breaking back above the 89,000 area.
The moving averages that previously pressed down now turn around and follow from below. MA5 leads, MA10 follows, MA30 slowly rises. A neat line—indicating that the trend has changed.
When the price touches 90,000, the market falls silent for a moment.
Round numbers always have stories. There is doubt, traders taking profits, and some hesitant to enter. But Bitcoin does not fall. It holds. It stands above that number, as if saying, “I’m not finished yet.”
Then comes the next push.
A long candle breaks upward, followed by increasing volume. 90,297… 90,400…
On the MACD indicator, the green histogram grows larger, signaling momentum that is not just a rebound, but a sign of intent.
The market is now at a crossroads.
Ahead, 90,400 – 90,600 stands as a wall of memory—the area where prices were previously rejected. If that wall falls, the path to 91,000 opens wide, and euphoria could once again take over traders’ screens.
But the market is not just about hope.
If rejection comes, Bitcoin might retreat a step, back to 90,000 or 89,900. Not to give up, but to catch its breath, test confidence, and confirm who truly wants to hold on.
Tonight, one thing is clear:
The trend has reversed, at least for now. Fear has been replaced by caution, and caution is slowly turning into optimism.
And as usual, Bitcoin makes no promises.
It only offers opportunities for those patient enough to read the story behind each candle.
#CryptoMarketWatch