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BTC short-term bullish signal confirmed, $89,400 becomes the key test point
【Crypto World】BTC is making new moves again. From a technical perspective, Bitcoin’s 20-day moving average has just crossed above the 50-day moving average, which is a classic bullish signal. What does this mean? It indicates that short-term buying momentum is strengthening, and market momentum is significantly improving.
From the price performance, Bitcoin is likely to test the key resistance level of $89,400 upward. This level is very critical—if it can hold steady here, the trend confirmation will be more convincing. Of course, whether it can break through depends on subsequent trading volume and buying support.
In summary, short-term signals are bullish, but caution is needed regarding risks. The test results of key levels will determine the future market direction.