BTC Analysis: #BTC

Last night, Bitcoin's continuous bullish candles surged to the highest point of 85,800, and then retraced to around 84,500, starting to fluctuate. The upward momentum is clearly insufficient, and there isn't much space for further rises. Considering the relatively small market activity this weekend, it is very likely that a pullback will occur next week.

Pay attention to the key level of 94,000. As long as this level is not broken, even if a small pullback occurs, there is still a possibility of continuing to rise afterward. The upper resistance level is 96,500.

If it falls below 94,000, it would mean that a retracement has begun, and the lower support level to watch is 93,000.