BTC Bulls Eye the $100K Milestone — Bitcoin Price Forecast Update
Bitcoin surged past its 200-day EMA at $85K early last week, climbing 11.14% by Friday. Despite strong momentum, it failed to break March’s high of $95K and saw a slight weekend dip. Monday brought a mild rebound, retesting $95K — but as of Tuesday, BTC is stabilizing just below this critical level.
A daily close above $95K could signal a fresh rally, targeting $97K next, with a possible extension to the psychological barrier at $100K.
However, the RSI on the daily chart—rejected near 70 on Saturday and now at 67—suggests fading bullish momentum. Is this a pause before the next leg up, or a sign of buyer exhaustion?
If BTC fails to hold above $95K, a pullback to $90K could be on the cards.
With growing institutional demand and corporate interest, all eyes are on the next move. Will $100K be conquered next?
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