@maximiliand9
Bitcoin opened the week with a strong rebound, climbing back above the $88,000 mark for the first time in several weeks. As of today, BTC trades at approximately $88,025, representing a 6.2% increase over the past week.
This recovery follows a volatile period where the asset experienced significant resistance below the $85,000 price level. While this upward price action has brought renewed optimism to the market, analysts are also highlighting underlying factors that could influence Bitcoin’s near-term direction.
One of the most notable trends is a spike in leverage, signaling that derivative traders may be playing a larger role in driving price movements.