In the latest development, Bitcoin (BTC) has officially broken the important resistance level at $95,000, indicating that strong growth momentum is returning. What investors are currently interested in is: whether this price increase has enough momentum to push BTC to the historic $100,000 mark, or will it continue to repeat the correction pattern like before?

Market Summary:

  • Key resistance broken: $95,000

  • Current price: Maintaining above $95,000

  • Next resistance: $96,000 - $97,500

Next Scenario:

  • If BTC maintains above the $95,000 mark and breaks strongly through the $96,000 range, the door to reaching the $100,000 price range will be wider than ever. The confirmation of the bullish trend could attract FOMO money from both retail and institutional investors, rapidly pushing the price higher.

  • Conversely, if BTC cannot hold above the $95,000 mark, a quick sell-off could completely occur, dragging the price down to the nearest support areas around $93,000 - $94,000. This will create a short-term but quite volatile correction.

Momentum and Risks:

Currently, market momentum is very strong, but alongside that is extremely high volatility. The next candles in the short time frame (1h-4h) will play a crucial role in determining the next trend.

Advice for Investors:

  • Closely monitor the $95,000-$96,000 range for confirmation signals.

  • Tightly manage capital if deciding to participate at this time due to the large volatility range.

  • Prioritize flexible strategies, ready to cut losses quickly if a bad scenario occurs.