Bitcoin finds strong support at $90K! 📈 However, the bullish momentum needed to reach a new high is not yet sufficient. Consolidation is expected in the short term.
🔍 Technical Analysis: On the 4-hour chart, the $90K support level stands out as a significant defensive line. The inverse head and shoulders formation could be a sign of a potential rally.
📊 On-chain Analysis: The Coinbase Premium Index shows increasing interest from US investors. This could indicate a possible bullish rally for Bitcoin.