Bitcoin Rebounds Strongly – Is This the Start of a Bigger Trend Shift?

After a sharp sell-off in November, Bitcoin has printed a clean technical reaction from the 86k–88k USD support zone, forming what resembles a W-bottom structure. This area has acted as a liquidity pocket multiple times throughout the year, suggesting that buyers continue to defend it aggressively.
A descending trendline from the October high has shaped the current bearish structure. Price is now attempting to break back above this line, which would be the first indication that bearish momentum is losing strength. The initial hurdle sits around 94k–97k USD, aligning with the 23.6% Fibonacci retracement of the recent downswing.
A confirmed daily close above this region could open the door toward the next liquidity cluster near 100k–105k USD, where a broader resistance zone is waiting. Until then, BTC remains technically in a downward correction, though short-term momentum has clearly shifted upward.
From an educational perspective, traders often monitor:

• Support at 86k–88k: A break below may signal continuation of the larger downtrend.
• Trendline & 94k–97k zone: A reclaim suggests strengthening bullish sentiment.
• 105k region: Major resistance and potential decision point.
  Disclaimer: Educational analysis only. Not financial advice.