BTC UPDATE ๐ฑ
BTC is trading within a range of $92,000 to $95,000 for the past week.
On the 1H timeframe, there's a support near $93,600 and resistance around $95,500.
For the last 4 days, BTC has been consolidating in this range.
Price is holding above the 100 EMA on the daily, with consistent closes above it โ a bullish sign.
As long as $93,600 support holds, there's a potential to move higher, possibly towards $100K.
However, a confirmed breakout or breakdown will provide the real direction.