The crypto analyst, Rekt Capital, suggests that Bitcoin may have formed a market bottom and is looking bullish. He points to a bullish pattern of higher low prices on the daily chart and notes that Bitcoin may be turning bullish without fully closing the CME futures gap in the high $70,000 range. The analyst argues that the recent severe correction is not unusual when compared to price action in previous bull market cycles and suggests that these corrections may present buying opportunities. The key level for Bitcoin to break on the weekly chart to reignite bullish momentum is $93,500. At the time of writing, Bitcoin is trading at $89,906.



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