INSUBCONTINENT EXCLUSIVE:
The cryptocurrency market has shown notable recovery over the past 24 hours, with Bitcoin rebounding above $83,000 after a period of
strength in Solana and XRP.Bitcoin is currently trading at $83,503, showing slight consolidation (-0.06%) with a substantial 24-hour volume
of $14.62 billion.Charts confirm our previous analysis of the bullish triangle pattern, clearly showing how BTC successfully rebounded from
recovery from April 8-11, with price now trading above multiple moving averages, indicating renewed bullish momentum.The technical structure
shows Bitcoin has completed the short-term correction and is now stabilizing above the critical $83,000 level.Whale Accumulation Hits 7-Week
cryptocurrency recently reversed from support zone between the support level 76685.00 (former low for wave (A) from the start of March),
completed the short-term wave B correction and is now poised to rise toward the resistance level of $87,785.00, which previously halted wave
analysis.Altcoin Performance: Solana and BCH Lead the RallyThe altcoin market is showing impressive gains, with several standouts:Solana
(SOL): Trading at $123.11, up 5.69% with $461.2M volume, leading major altcoins in percentage gains.Bitcoin Cash (BCH): Showing the
strongest performance with a 6.67% gain, trading at $316.59.TRX: Up 5.35% at $0.2472, showing significant strength.XRP: Currently at $2.0414
(+2.28%), continuing its recent rally after surpassing $1.99 yesterday.Ethereum (ETH): Trading at $1,573.79, up a modest 1.54% with $4.8B
ETF Flows StabilizingAfter a period of significant outflows, Bitcoin ETFs appear to be stabilizing
Recent data had shown:$172.89 million in weekly outflows, breaking a two-week inflow streak.$772M withdrawn from ETFs, but whales are still
investor accumulation is typically a bullish signal, suggesting smart money is taking advantage of lower prices.3
technical indicators for Bitcoin are improving:Price is now above the 7-day moving average ($80,276)MACD appears to be nearing a bullish
(previous wave A high)Support levels are established at:$83,169$82,070$80,902$74,508XRP (Ripple)XRP continues its impressive performance,
previous regulatory concernsGeneral altcoin market strength, with XRP leading the way alongside SolanaSolana (SOL)Currently at $123.11
(+5.69%), Solana has shown significant recovery from recent lows
This follows a pattern observed earlier in the year when Solana posted double-digit gains alongside XRP and Litecoin.Technical indicators
suggest SOL is in a strong recovery phase, with volume supporting the upward movement.Market Outlook and Trading StrategyFor Bitcoin
holders, the current strategy suggestion from analysts is:Hold if price stays above $80k and volume remains healthy.Watch for breakout above
$83.4k for medium-term bullish shift.For those looking to enter:Safer entry if BTC closes above $84k with strong volume.Or buy the retest of
$80k support if pullback is healthy.Caution is advised if:BTC fails to break above $83.4k and gets rejected ? it could fall back to retest
$78k or $74.5k.ConclusionThe cryptocurrency market is showing signs of recovery after recent volatility, with Bitcoin confirming the bullish
triangle pattern identified yesterday.Whale accumulation and easing trade war concerns are providing support, though market participants
should remain cautious given the ongoing macroeconomic uncertainties.Altcoins, particularly Solana, BCH, and XRP, are showing strength,
suggesting broader market confidence is returning.The current price action supports a cautiously optimistic short-term outlook, with
technical indicators suggesting further upside potential if Bitcoin can maintain momentum above $83,500.
