tldr; Bitcoin is striving to maintain its position near $91,000 as it approaches a weekly close, with analysts identifying potential reversal signals. Historical data and on-chain signals suggest a possible upward trend, with one signal accurately predicting market upturns on four previous occasions now active again. Analysts highlight key levels at $88,000 and $92,000, with potential gains for altcoins if trends hold. However, risks remain, and market perspectives should be considered carefully.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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tldr; Bitcoin is striving to maintain its position near $91,000 as it approaches a weekly close, with analysts identifying potential reversal signals. Historical data and on-chain signals suggest a possible upward trend, with one signal accurately predicting market upturns on four previous occasions now active again. Analysts highlight key levels at $88,000 and $92,000, with potential gains for altcoins if trends hold. However, risks remain, and market perspectives should be considered carefully.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.