Bitcoin $87,417 has started showing signs of recovery following low levels seen in 2025. According to technical analysis experts, recent price movements indicate positive signals regarding the market’s long-term direction. Analyst Rekt Capital emphasized that the recent correction may be temporary and that a bull market could persist. In the last 24 hours, the price surged to around $88,000, rekindling investor interest.
Normal Correction According to Technical Data
Market analysts note that Bitcoin’s price movements reveal a normal correction process from a technical standpoint. Especially after prolonged increases, pullbacks are historically frequent occurrences. According to data shared by Rekt Capital, the current approximately 30% drop resembles the 32% decline experienced in 2024.
Analysts argue that testing support levels signifies a healthy market structure. Such corrections are typically followed by recovery movements. Therefore, investors are advised to approach these situations with analysis rather than panic.
Rekt Capital highlighted parabolic rises in technical analysis, indicating that corrections during a bull market may become shallower. He stated, “BTC’s bull market progression is at 82.5%. Parabolic rises accelerate, while deep pullbacks may slow down,” drawing attention to the possibility of the current trend continuing.
Historical Similarities in Market Movements
The current correction reportedly aligns significantly with previous bull market examples. Rekt Capital noted that while some market commentators label this decline as a bear market, chart data indicates it is a temporary setback. The analyst pointed out that similar declines occurred in the past, followed by continued upward trends.
Bitcoin’s rise to $88,000 shows ongoing investor interest in the market. Technical indicators suggest that the price is gaining strength from a specific support level. This presents an optimistic picture regarding the overall market direction.
Experts advocate for careful monitoring of price movements graphically. For users making long-term investments, such corrections can be crucial for strategy development. Decisions supported by current technical analyses can aid investors in making healthier moves.