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Bitcoin opened the week with increased confidence after falling sharply over the weekend due to heavy leverage liquidation pressure. Safe-haven flows have slowed as markets monitor expectations for the Federal Reserve to ease monetary policy – a factor that has helped reduce short-term selling pressure.

After a sharp decline, Bitcoin formed a strong candle at the bottom – indicating heavy buyer accumulation. Since then, the price has started to form an upward trendline, maintaining a steady recovery momentum over the past three days.

The 86,000-87,000 area represents new support, while successive retests suggest the short-term trend is shifting from bearish to cumulative recovery. The compressed oscillation pattern on the trend line currently corresponds to a continued upward move towards the target area with each step.

If Bitcoin sustains levels above the trend line, the recovery structure could open the way back to the 90,000-92,000 area. The bullish momentum will stop only if the price falls below 86,000.

Do you think this rise is sustainable or just a temporary decline? Share your opinion with us 👇

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