Bitcoin Bounces Off Support Line, Momentum Drives Price Toward $230K

Bitcoin has broken through a significant support line, marking a surge in price and fueling bullish sentiment. Analysts attribute this positive movement to the continuation of an established trend, with early June highs playing a key role. Experts forecast that Bitcoin could reach prices around $230,000 by early 2026 if momentum continues. Key factors driving this optimism include historical Q2 recovery trends following weak first quarters and sustained bullish structure.