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Bitcoin Resets Above $90,000, but Can Bulls Keep the Momentum?

Bitcoin has had a brutal fall, but things are looking up.

If you are in crypto long enough, you will get a lesson in volatility. It takes guts and steady hands to ride out the tumult. But if you do, rewards will come. Bitcoin is already getting off of the mat, and traders are betting that it will retake $100K in the near future.

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Bitcoin Resets Above $90,000, but Can Bulls Keep the Momentum?

Bitcoin recovered after recently falling to $80,000. But now that things have stabilized, bullish traders are betting that it will retake the $100,000 mark.

Bitcoin is setting its sights on $100,000 again (ChatGPT)

Bitcoin hit extreme oversold levels in late November, the kind that typically signals a bottom is forming.

Since then, multiple technical indicators have reversed. The asset recaptured its multi-year uptrend and key momentum signals are shifting from bearish to neutral.

(TradingView)

The full investigation reveals:

  • What price levels options traders are targeting for December expiry

  • Where bitcoin's fear and greed gauge stands compared to when it was above $100K

  • How much leverage got wiped out and what that means for price movement

  • Which technical signal warns more downside could still happen

This is the kind of deep investigation that flags hidden risks and regulatory shifts before they affect your portfolio, helping you spot opportunities others miss.

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