Bitcoin Bullish Momentum Building Toward 90K
Multiple crypto traders are calling for a move to 90K on Bitcoin, citing clean technical setups, FVGs tapped, and CPI-shorters underwater. Europe's Sparkassen banking network also launched crypto trading for customers.
What we know
An account on X declared 'bullish Matt is back' and called for 90K soon after a 'drifty retrace.' another account on X reported both FVGs were tapped and CPI shorts are underwater, targeting 90K. Another account on X noted bears are aggressively shorting the move but getting stopped out on BTC while alts lag. Another account on X reinforced the 'never short the trend' rule in this environment. On the fundamental side, another account on X highlighted that Sparkassen — Europe's largest banking network — launched crypto trading including Bitcoin and Solana. Ben Cowen was flagged as bullish on Bitcoin, tracking the 2019/2020 recovery pattern.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.