Bitcoin shows signs of ‘potential rally ahead’ as $90K becomes key

Bitcoin shows signs of ‘potential rally ahead’ as $90K becomes key

Bitcoin bulls defend $90,000 as Hash Ribbons and Fear and Greed Index flash buy signals, hinting at a potential rally ahead despite recent pressures.

Bitcoin (BTC) leading indicators flashed buy signals as bulls fought to keep BTC price above $90,000.

Key takeaways:

Bitcoin Hash Ribbons flashed a “buy” signal amid miner capitulation recovery, an occurrence that has historically preceded strong rallies.

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