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The US-Iran talks are about to begin, and Trump is pressuring Israel not to attack Lebanon.
It’s estimated that this war probably can’t continue.
Market sentiment is turning bullish, with calls to see 88,000.
But most people are bullish—will it drop again?
So worried.
Market sentiment shifts to bullish, traders set Bitcoin’s target price at $88,000.
On April 11, according to Cointelegraph, amid a clear increase in whale activity and a significant drop in inflows on trading platforms, traders are setting Bitcoin’s target price at $88,000.
This week, Bitcoin’s price experienced four days of consolidation between $70,000 and $72,000, reaching a weekly high of $73,255 on Friday.
The current price structure is similar to the trend leading to a breakout in Q2 2025—at that time, after long sideways trading below the moving average, a quick surge occurred once the downward trendline was broken.
Currently, $76,000 is a key trigger level, which also corresponds to the upper boundary of the downtrend line formed since Bitcoin’s high near $126,000.
Once broken, the psychological resistance that has suppressed rebounds for months may be eliminated.