Bitcoin 
$91,789.74With Nvidia’s strong balance sheet announcement, it showed a short-term recovery and received a reaction at the level of $ 88,700. However, analysts emphasize that this move does not herald a permanent rise. The market still has not produced a clear directional signal, and unless the price can overcome strong resistance areas, the downtrend cannot be said to be over.
Uncertainty Continues Before the Breakthrough
Despite short-term optimism in global markets, Bitcoin’s technical outlook remains weak. Although maintaining the support around $88,700 is seen as a positive sign, the fact that the price movement is not strong enough in terms of volume leads analysts to be cautious. The limited reaction, especially after the soft selling wave experienced on Tuesday, shows that the market may still be in the “reset” process.
short term investors oversold zoneAlthough Bitcoin is considered as an opportunity, a recovery that will change the direction of the market has not been seen yet. Experts state that increases that are not supported by volume increase cannot be permanent, therefore the $ 93,000-96,000 range is the critical testing area. Entering this region with a strong rise is considered as the first serious signal that buyers may dominate the market again.
Exceeding $97,300 is a Must for a Real Recovery
Market observers agree that Bitcoin must permanently surpass $97,300 to show that it has formed a meaningful bottom. Breaking this level is seen as technical confirmation that the downtrend has ended and a new uptrend has begun. However, as long as the price remains below this threshold, the movements are considered only as natural reactions after oversold.
Some investors do not rule out the possibility of a deeper correction that could extend to the $85,000–$86,000 region. Still, the limited recovery at current levels indicates that the market has partially recovered from the tired selling pressure. NvidiaAlthough the short-term increase in risk appetite created by the strong results of ‘s strong results gave morale to the cryptocurrency market, a technical break is still essential for a sustainable rise.
