$BTC $BTC

Bitcoin Breaks Past $95K: Is This the Calm Before a Major Crypto Storm?

In a move that has caught the attention of both seasoned traders and casual crypto watchers, Bitcoin (BTC) has surged to $95,307.68 — marking a 1.50% increase in the last hour. As shown in the 1-hour chart on Binance, BTC is exhibiting strong momentum, breaking through key resistance levels with impressive trading volume to back it up.

So, what’s fueling this rally?

The bulls appear to be in control, supported by three major indicators:

1. Moving Averages Converging

The 7-period (MA7), 25-period (MA25), and 99-period (MA99) moving averages are tightly packed and showing signs of upward curvature — a classic signal that the market might be preparing for a bullish continuation.

2. MACD Looking Bullish

The MACD line (158.06) is pulling away from the signal line (138.44), with a histogram reading of 19.62. This suggests increasing bullish momentum and potential for further upward movement.

3. Volume is Speaking

With a 24-hour trading volume of over 14,716 BTC and $1.39 billion in USDT, the market is not just moving — it’s alive. A spike in green volume bars indicates strong buying interest, pushing prices toward the $95,500 resistance level.

Why It Matters

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