Looking at the current $BTC /USDT chart , Bitcoin is showing strong bullish momentum. The price currently sits around $97,076 with a 24-hour gain of +3.45%, and it's climbing steadily after a recent consolidation phase. The most telling sign here is the clean recovery from the local bottom of around $87,343 and the clear push upward toward resistance levels.
#BTC previously hit a local high of $109,588 but faced a significant correction afterward. Despite that dip, the recent higher lows and higher highs pattern signals a healthy uptrend. The Moving Averages (MA5 and MA10) are beginning to converge upward again, supporting the case for continued upside. Volume spikes also confirm that buyers are stepping in with conviction during pullbacks.
From a psychological perspective, the $100,000 level is a major round-number resistance — often a magnet for price action, especially when momentum is building. Given the current structure, it appears BTC is poised to test that level soon. There's only modest resistance around the $99,800–$100,000 zone, and if that breaks, the next leg could target $105K or even retest the previous high at $109,588.
However, watch the order book: sellers currently dominate with nearly 78% of volume, showing there's still profit-taking pressure. Still, with consistent buyer interest around the $97K area, this supply may get absorbed quickly if momentum sustains.
In short, Bitcoin looks technically primed to reach or at least test the $100K mark soon. Momentum, volume, and market sentiment are aligning, and unless a strong rejection appears at resistance, the path toward six figures is becoming more likely than not.
