<p>Bitcoin is finally showing signs of recovery after weeks of lower highs and lows. It recently surged past $66,000 for the first time in five weeks, reaching $66,397! The <a href="https://alternative.me/crypto/fear-and-greed-index/" target="_blank" rel="noreferrer noopener">Crypto Fear and Greed Index</a> now sits at 64, putting the market firmly in the “greed” zone.</p>   
<p>Renewed optimism, renewed excitement - crypto investors are happy again! </p>   
<p>Dive into an expert analyst's view of Bitcoin's future and whether there are potential risks that could derail the rally.</p>   
<h2 class="wp-block-heading" id="h-can-bitcoin-bulls-push-to-90-000"><strong>Can Bitcoin Bulls Push to $90,000?</strong></h2>   
<p>Crypto analyst Captain Faibik believes Bitcoin bulls are gaining control. If Bitcoin can break through the $68,000 resistance, it could climb to between $88,000 and $90,000 by December. However, experts are warning of possible corrections.</p>   
<p>Faibik explains that if Bitcoin breaks out of its broadening wedge pattern after reclaiming $68,000, it could signal strong upward momentum, sending BTC higher.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/CryptoFaibik/status/1839889008404353168 
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<p>Perhaps, on the flip side Captain Faibik also warns that if the bulls fail to clear the resistance or if a fakeout occurs from the broadening wedge, Bitcoin may need to revisit the support zone around $57,000. This makes the upcoming days critical for BTC traders.</p>   
<h2 class="wp-block-heading" id="h-caution-possible-correction-ahead">Caution: Possible Correction Ahead!</h2>   
<p>Crypto analyst Ali Martinez also highlights a potential short-term price drop. The TD Sequential indicator on the BTC 4-hour chart has issued a sell signal, suggesting traders should prepare for possible downward movement.</p>   
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   https://twitter.com/ali_charts/status/1839663281759252591 
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</figure>   
<h2 class="wp-block-heading" id="h-bitcoin-price-analysis-bullish-or-bearish">Bitcoin Price Analysis: Bullish or Bearish? </h2>   
<p>Bitcoin is currently trading around <a href="https://markets.coinpedia.org/bitcoin/" target="_blank" rel="noreferrer noopener">$65,867</a>, up slightly over the last 24 hours. With a market cap of $1.30 trillion, excitement is still running high.</p>   
<p>Key indicators like the 50-day and 200-day moving averages (MAs) are signaling continued strength. The 50-day MA shows short-term market sentiment, while the 200-day MA reflects long-term trends, both pointing to bullish momentum.</p>   
<p><strong>If Bitcoin stays above $65,000 this week, it could be preparing for a bigger move toward $70,000. Are you ready for the next step?</strong></p>

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