Bitcoin has been on a tear, recently blasting past the $94,000 mark before cooling off just above $92K.
Looking at the 4-hour chart, we’re witnessing a textbook bull structure — price riding above all major moving averages (7, 25, and 99), forming higher highs and higher lows, with the short-term momentum still intact.
After a powerful surge from $75K, BTC now seems to be catching its breath, showing a healthy pullback as volume slightly tapers off. This isn’t a red flag — it’s a sign the market is pausing, not panicking. As long as BTC holds the $90K support zone, the bulls remain in control. A breakout above the $94.6K resistance could ignite the next leg toward the psychological $100K mark.
For seasoned traders, it’s a “buy the dip, ride the wave” scenario; for newcomers, patience is key — either wait for a pullback or a confirmed breakout.
In short: the rocket hasn’t landed yet — it’s just refueling.$BTC
