📉 $BTC Technical Outlook
Current Price: ~$96,997
Resistance Zone: $95,400–$95,800
Support Zone: $93,000–$93,800
🔍 Market Overview
BTC is consolidating just below a key resistance level ($95.8K), a zone that has rejected price multiple times. Despite the rejection, the broader bullish trend remains intact, supported by a rising trendline and higher lows.
🟢 Bullish Scenario
A clean break and close above $95.8K could trigger breakout buying.
Next major target: $100K–$105K.
Breakout confirms macro bullish continuation.
🔴 Bearish Scenario
Pullback into $93K–$93.8K support is likely.
If this zone fails, short-term bullish structure breaks.
Potential deeper retracement toward $85K.
📌 Trade Setup
Long bias: Watch for liquidity sweep + trendline hold near $93K–$93.8K.
Avoid chasing: No long entries directly into resistance.
Confirmation needed: Wait for breakout retest or bullish reversal pattern.
📈 Summary
BTC remains bullish above trendline. A short-term dip may offer the best R:R setup if support holds. Break above $95.8K unlocks $100K+ potential.
Trade safely & manage your risk!
