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How technical indicators signal the recovery of the bullish momentum of Bitcoin after the autumn decline
The last two weeks have demonstrated a clear shift in bitcoin’s momentum. After the price corrected to the $80,000 mark from October’s peak, the asset has begun a consistent recovery of its upward trajectory. Currently, bitcoin is trading around $90.87K with positive momentum.
Technical signals confirm a bear trap
The most important signal is hidden in the 200-day moving average (DMA). The slope of this indicator (represented as a blue histogram on the charts) has for the first time in the past month turned positive. This indicates not just stabilization but a genuine recovery of the short-term bullish impulse. At the same time, the current bitcoin price has settled above both the 50-day and 200-day moving averages, confirming the formation of an upward trend.
Macroeconomic context supports growth
Bitcoin’s momentum cannot be considered separately from the macroeconomic situation. The market has almost fully priced in the third consecutive rate cut by the Federal Reserve of the United States. This factor creates favorable conditions for higher-risk assets, as the commitment to an easing monetary policy could open space for further growth. However, future movements will depend on the rhetoric of Fed officials.
Resistance and outlook
At this stage, the 52-week high (indicated by an orange line on most analytical platforms) serves as a key resistance level. Breaking through it would signify the establishment of a new phase of price appreciation and open the door to testing more ambitious target levels. Thus, the technical picture and macroeconomic context create conditions for a potential continuation of bitcoin’s bullish dynamics in the coming weeks.