Bitcoin's price has rebounded from its low of $78,617 and is currently trading at $86,607. The cryptocurrency is attempting to break the $90,000 mark and if successful, it is expected to reach a range of $90,000 to $102,000. However, if Bitcoin is rejected at $90,000, it may fall back to its low of over $80,000. The moving average lines indicate that Bitcoin's value will fluctuate for a few more days. Strong buying pressure above $70,000 was observed on February 28. Technical indicators show key supply zones at $108,000, $109,000, and $110,000, and key demand zones at $90,000, $80,000, and $70,000. Despite the disclaimer that the analysis and forecast are personal opinions and not recommendations, Bitcoin's decline has slowed above the $80,000 support and the cryptocurrency is steadily rising. On February 22, Bitcoin was attempting to break the 50-day SMA and reached a price of $96,736.



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