Bitcoin Eyes $87K After Double Bottom Breakout; Dogecoin, XRP Bulls Look to Establish Control

Source: https://www.coindesk.com/markets/2025/04/10/bitcoin-eyes-usd87k-after-double-bottom-breakout-dogecoin-xrp-bulls-look-to-establish-control

In the world of cryptocurrency, major tokens are showing signs of a bullish trend after enduring a prolonged period of downward pressure. Investors and traders are closely monitoring the price charts of popular tokens, such as Bitcoin, Ethereum, and others, for signs of a potential market turnaround.

After a challenging period characterized by volatility and price drops, the recent price movements of these major tokens are sparking optimism among market participants. Technical analysis of the price charts is revealing bullish signals, indicating a potential shift in market sentiment.

Bitcoin, the leading cryptocurrency, has experienced a notable increase in its price, with some analysts pointing to the formation of a bullish pattern known as a "golden cross" on its chart. This pattern occurs when a short-term moving average crosses above a long-term


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