$BTC Bulls Regaining Momentum But Key Resistance Still Ahead!
Bitcoin is currently trading at $93,780, showing a +2.73% gain today. After bouncing from the $91K zone, BTC has climbed steadily but is now approaching a critical resistance near $94,000. The market is showing strength, but the next move will decide whether this bounce turns into a full breakout or stalls below resistance.
Key Levels to Watch
• Resistance Zones:
$94,000 – Immediate resistance
$94,700 – Intraday high and breakout level
• Support Zones:
$93,200 – Minor local support
$92,800 – Key pullback zone
$91,500 – Strong base from previous demand zone
Trade Setup – Cautiously Bullish Outlook
• Bullish Entry:
A confirmed breakout above $94,000 could signal further upside.
Target 1: $94,700
Target 2: $95,500
• Bearish Entry:
A breakdown below $93,200 may invite short-term selling.
Target 1: $92,800
Target 2: $91,500
Stop-Loss Ideas:
• Longs: below $93,000
• Shorts: above $94,100
Volume is gradually picking up and buyer interest is returning. However, BTC must decisively break $94K to unleash the next bullish wave. Watch closely—this is a critical inflection point.