Bitcoin Eyes $90K Breakout As Analysts See Bullish Momentum Building
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Bitcoin bounced after defending key support near $79,000 this week and rebounded above its 21-day moving average, with analysts projecting a retest of recent highs and a potential rally toward $90,000. Market optimism was reinforced when the CLARITY Act passed the Senate Banking Committee 15-9, a regulatory development likely to support crypto adoption and institutional confidence.
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- Bitcoin bounced after defending key support near the $79K level this week.
- Analysts expect BTC to retest recent highs and possibly rally toward $90K ahead.
- US crypto optimism rose after the CLARITY Act passed the Senate Banking Committee with a 15-9 vote.
Bitcoin is showing signs of renewed strength after successfully holding above support near the $79,000 level, with several market analysts now expecting the cryptocurrency to continue its upward trend in the coming weeks.
Crypto analyst Michaël van de Poppe said Bitcoin’s recent rebound from its 21-day moving average suggests the broader rally remains intact. According to him, there are currently few signs pointing toward a major correction, while market structure and momentum indicators continue to support a bullish outlook.
Van de Poppe explained that Bitcoin could soon retest recent highs before potential…
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