Bitcoin's daily chart indicates a potential bullish fractal setup, according to CoinsProbe analysis. Despite a 17% decline over the past month, Bitcoin's price action is forming a descending broadening wedge pattern, similar to one observed in April. This setup is near the $86,700 level. A breakout above $90,000 could signal a trend reversal, targeting $107,400. However, a fall below $80,811 would invalidate this bullish pattern.
Bitcoin Chart Suggests Bullish Reversal with Key Levels in Focus
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