BTCUSD trade idea for buysBitcoin / US DollarCOINBASE:BTCUSDTradingHub_FX_cryptoBTC/USD Technical Analysis: Potential to Reach $90K if Current Technicals Hold Current Market Overview: Bitcoin (BTC) is showing signs of bullish momentum, respecting the current technical indicators. The price is positioned well within key support and resistance zones, with significant upward potential if the prevailing trends continue. Key Levels to Watch: Support Level: A strong support around continues to hold, with price bouncing off this level multiple times. A confirmed break below this level could signal a shift in market sentiment. Resistance Level: The key resistance lies near $90K, a level that could be tested if the current technicals remain intact. Watch for a breakout or rejection at this level. Indicators to Watch: RSI: Currently, the Relative Strength Index (RSI) is , indicating . If RSI continues to move higher, it may confirm continued bullish momentum towards $90K. EMA/MA: The 50-period and 200-period Moving Averages are showing alignment, suggesting the market's trend direction. Volume: Strong volume support at key levels may suggest a sustainable move upward, with increasing volume acting as confirmation of the rally. Scenario 1 - Bullish Continuation: If BTC continues respecting these technical levels, we could see a breakout towards $90K, driven by strong bullish sentiment and market momentum. Watch for a clean break above key resistance levels for confirmation. Scenario 2 - Bearish Reversal: If technicals fail to hold, watch for a potential breakdown below support levels. This could shift the market outlook and present new trading opportunities to reassess.