Bitcoin gained momentum as data showed buyers are starting to dominate volumes on Binance, with a $90,000 BTC price target on their radar. Market analysts say Bitcoin’s (BTC) is building up after its 7% rally above $72,000 on Tuesday, with bulls eyeing further gains to $90,000 amid improving macro sentiment. Key takeaways: BTC price builds a bullish structure after reclaiming $72,000, as a symmetrical triangle breakout targets $90,000. Read more
Bitcoin buy-side activity in the spot and futures markets supports the current rally toward $72,000, while short-term holders eased up on selling, increasing the chances of bulls taking control of BTC's price direction. Bitcoin (BTC) rallied above $72,000 on Tuesday as BTC order book and derivatives data showed buyers returning to the market. Bitcoin’s recent trading history suggests that holding the $70,000 level is the first task bulls need to master, but previous BTC price rallies were capped by short-term traders selling into the bullish momentum. Will this time be different? Bitcoin held above $71,300 on Wednesday as the spot market demand strengthened over the past few days. The order flow across major exchanges shows a clear shift toward investor accumulation. Read more