Bitcoin has experienced a significant recovery, currently trading at $89,817, after briefly dipping to a 7-day low of $78,197. The price has reached a high of $90,623 within the past 24 hours. The bullish trend is supported by the morning star pattern and sustained trading above the 200-day EMA line. The momentum indicator indicates a potential surge in buying pressure, and the possibility of a bullish comeback is further supported by the Kijun line acting as weekly support. However, the immediate resistance is projected at the 100-day EMA line near $92,964. The US spot Bitcoin ETFs have seen an outflow of $143.43 million, while Grayscale recorded an inflow of $35.79 million. The BTC price is expected to continue its recovery if the broader market remains stable, but global market instability and tariff wars may contribute to volatility. Key resistance levels are at $99,514 and $106,000, while the $85,000 mark and $80,000 psychological support serve as important demand levels.



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