$BTC
Trading around $96,100:
Price & Market Stats:
Current Price: $96,100 (as of 11:45 AM)
Market Cap: $1.8949 trillion (19.86 M BTC circulating).
24 h Volume: $29.18 billion
š On-Chain & Technical Signals
BTC has decisively broken above its 111-day moving average at $91.3 K and the short-term holder cost-basis (~ $93.2 K), confirming renewed bullish momentum.
Price is consolidating in the $93 Kā$95 K zone, the upper end of a multi-month downtrend channel .
Sentiment Gauge: The Bitcoin Fear & Greed Index stands at 56, indicating mild greed but not extreme euphoria
š Short-Term Outlook (Next 1ā3 Days)
Support: $94,800 (recent consolidation floor)
Resistance: $95,500 (critical near-term hurdle).
Bull Case: A clear break above $95,500 could propel BTC toward $100,000.
Bear Case: Failure to hold $94,800āand lingering negative funding rates in derivatives marketsācould trigger a pullback toward $90,000
š® Medium- to Long-Term Expectations
Bullish Scenarios:
Continued spot-ETF inflows, halving-driven supply cuts, and macro liquidity could drive BTC to $167K by year-end.
Some long-term models even project a blow-off top near $351,506 in late 2025. Which for me not visible.
Key Risks: Regulatory headwinds, broader risk-asset sell-offs, or a reversal in macro sentiment could test support down to $85Kā$90K.
Bottom Line: Bitcoin remains in a bullish regime around $95K, bolstered by technical breakouts and healthy on-chain metrics. Near-term, watch $94.8Kā$95.5K as the tactical pivot; a successful breach could open the door to triple-digit highs, while a rollover may see BTC revisit lower support bands