Bitcoin 
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Figure Heloc 
Bitcoin has broken above $90,000 per coin again, nearly a week after it dipped to a seven-month low of about $81,000.
💡 DMK Insight
Bitcoin’s resurgence above $90,000 is a critical pivot point for traders right now. After hitting a seven-month low near $81,000, this bounce back signals potential bullish momentum, but traders should be cautious. The $90,000 level is a psychological barrier and could attract profit-taking or short positions. If Bitcoin can maintain this level, it may pave the way for a retest of previous highs, but a failure to hold could lead to renewed selling pressure. Keep an eye on trading volume; a surge could confirm the strength of this rally. On the flip side, if Bitcoin retraces back below $90,000, it could trigger stop-loss orders and create a cascading effect, pushing prices down further. Watch for key indicators like RSI and MACD for overbought conditions, which could signal a pullback. The next few days will be crucial as traders assess whether this breakout is sustainable or just a temporary spike.
📮 Takeaway
Monitor Bitcoin’s ability to hold above $90,000; a failure to do so could trigger significant selling pressure.
