Cryptocurrency analytics firm QuantEdgeB has released its latest analysis on Bitcoin, suggesting a potential shift in market sentiment. The firm's Sentival indicator shows that Bitcoin reached oversold conditions but has since started to rise, indicating that downward momentum may be weakening. QuantEdgeB analysts believe that if Sentival reaches its fair value, Bitcoin could experience a sharper upward move, potentially accelerating its recovery. However, confirmation is still needed, and market participants should monitor the $85,000 level and Sentival's movement for further confirmation of a bullish trend.



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