Bitcoin (BTC) has seen a sharp recovery, surging nearly 8% and reclaiming levels above $90,000. This recovery is attributed to speculation surrounding Trump's proposed US crypto reserve plan. Key technical indicators, such as the DMI and Ichimoku Cloud, suggest that buyers have regained control. The ADX in the DMI has fallen, indicating weakening trend strength, while the +DI has risen, suggesting increasing bullish momentum. The Ichimoku Cloud structure also indicates a potential shift in momentum, with Bitcoin interacting with the cloud and testing key levels. The current setup suggests that Bitcoin is at a critical point, with a breakout or sideways movement possible. Speculation about Trump's plan and upcoming market developments, including the White House Crypto Summit, will heavily influence Bitcoin's direction. If bullish sentiment continues, Bitcoin could potentially surpass $100,000. However, market uncertainty and bearish pressure could lead to a renewed downtrend and a drop in Bitcoin's price.



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