$BTC
BTC Price Eyes $100K Again! Is the Bull Run Back?
Bitcoin (BTC/USDT) is showing strong weekly momentum, currently trading around $95,000 on Binance after gaining +1.35% this week. The recent price action suggests a powerful bounce from support near $84K, reclaiming higher lows and eyeing a potential breakout above the $100K psychological barrier.
BTC is forming a bullish continuation pattern after a brief consolidation.
Strong support sits near $84K, while resistance is tightening around $100K.
A close above $100K could trigger the next leg toward $120K, targeting a fresh all-time high.
Trade Idea:
Entry: $95,000 (current market price)
Stop-Loss: $91,500 (below recent swing low)
Risk/Reward: 1:2.5+ — ideal for swing traders with a bullish bias.
According to recent reports, BlackRock’s Bitcoin ETF (IBIT) continues to see consistent inflows, reinforcing institutional confidence. Meanwhile, Bitcoin's hash rate has recovered post-halving, indicating network strength and miner resilience — both positive signs for long-term fundamentals.
Don't Miss the Breakout – Trade the Momentum!
Whether you're a long-term HODLer or a short-term swing trader, this could be your moment. Stay sharp, set your alerts, and ride the wave if BTC breaks $100K again!
(DYOR)