🚨 Bitcoin Price Outlook – Buyers Return to the Market! 🚨
🔹 Bitcoin Holds Support at 50-Day EMA
The Bitcoin market faced significant selling pressure early in Friday’s session, but found solid support at the 50-Day EMA. Despite the volatility, the long-term outlook remains bullish, as buyers look to capitalize on lower prices.
Bitcoin Technical Analysis
📊 The recent pullback saw Bitcoin lose 15% at one point, creating what looks like a classic "buy the dip" opportunity.
🔸 Bitcoin bounced strongly off the 50-Day EMA, signaling renewed interest from buyers.
🔸 The market appears to be carving out a range:
Bottom Range: $90,000
Top Range: $110,000
💡 What to Watch For:
Traders are stepping in to scoop up Bitcoin at lower levels, potentially setting the stage for a recovery. Keep an eye on the key resistance and support zones as the market stabilizes.
