Bitcoin Price Shows Signs of Turning Point: Are Big Changes Ahead?

Recent Bitcoin price movements hint at a potential turning point for the cryptocurrency. After weeks of decline, BTC has seen a subtle but promising rebound, supported by shifts in macroeconomic signals that could reshape risk asset markets. The daily chart reveals an exhaustion among sellers, as Bitcoin breached $85,000 earlier this month before finding support near the lower Bollinger Band – often signaling oversold conditions. Over the past few sessions, Heikin Ashi candles have turned green again, pushing BTC towards the midline of the Bollinger Bands around $94,000. This mid-band acts as a crucial resistance zone, with a decisive close above it likely confirming a short-term uptrend.