●The recovery signals strong momentum as key resistance levels are reclaimed.
Bitcoin has reclaimed the $92,000 price level and pushed further to surpass $92,500. Market observers and data feeds confirmed the move above these thresholds following earlier price action. This recovery comes as market commentators note a shift in sentiment, with some suggesting a move past the initial euphoria phase into a more rational market structure.
The surge continues a period of volatility and recovery, re-establishing bullish sentiment among traders watching key resistance levels. Michael Saylor also tweeted "It's Black Friday" as momentum built during this period.
[Update 1] Bitcoin has extended its gains to break the $92,500 mark. This movement represents a significant recovery, with the asset now up more than 15% since its lows on November 21st, continuing its strong momentum.