Does Bitcoin’s break above $92,000 signal a new market phase?

From deriv.com

Bitcoin’s climb back above $92,000 has revived a debate that has followed every major reversal in this cycle: is the market simply correcting an oversold slide, or has a new phase of institutional and macro-driven momentum begun? The rebound unfolded after a bruising stretch that saw bitcoin fall towards the $80,000–$82,000 region, triggered by a BOJ-spurred risk-off move, a DeFi exploit and a wave of leveraged liquidations. By the time it reclaimed $92,000, traders were watching a broader alignment of forces rather than a single headline. The breakout also arrived as expectations for a December rate cut climbed ... (full story)