#Bitcoin shows a strong upward trend in the recent 15-minute chart, with the last recorded price at 88,728.0 $USDT, reflecting a 9.06% increase. The 24-hour high is 89,800.0 USDT, and the low is 80,467.0 USDT, indicating significant price movement within the day. The high trading volume (687,198.244 $BTC ) suggests active market interest, with considerable liquidity at 58.75 billion #USDT .
The chart below shows consecutive green candles with some retracements, a positive indication that buyers are in control. The Moving Average (MA) indicators show an upward trend, with the 5-period MA at 4,284.6448 and the 10-period MA at 5,062.4040, suggesting sustained momentum.
The prospect for Bitcoin appears bullish if it can break through the recent high and maintain above the 88,000 USDT level. However, traders should watch for potential resistance around 90,000 USDT, as it may trigger profit-taking or short-term corrections.