Bitcoin is testing the $88,000 support level, with bullish divergences emerging across multiple timeframes, suggesting a potential rebound. Analysts project upside targets between $116,000 and $150,000 if buyers can regain mid-range levels. The market sentiment is cautiously optimistic as Bitcoin forms cycle floor patterns similar to those seen before previous rallies. Despite recent corrections, technical indicators point to a possible short-term recovery, with structural zones identified as potential catalysts for the next significant price movement.
Bitcoin Targets $116K as Bullish Divergences Signal Rebound
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