Bitcoin Rebounds Above $88K, Will This Last?

Simran

Bitcoin rebounds above $88,000 and trades near $91,480 after recovering from an earlier dip toward the $90,000 level.

The bounce comes after a steep drop from its $126K peak, driven by ETF outflows, miner selling, and tighter macro conditions.

Bullish signals show short-term capitulation and fresh institutional buying helping protect the key $85,000 support zone.

Bearish pressures include thin liquidity, a $14B Bitcoin options expiry, and macro risks that may send BTC toward $83,500.

Technical outlook says a breakout above $91,400 could target $120K, while failure may pull the price back near $85,800 support.

Read More Stories