$BTC Bitcoin Eyes Breakout as Bullish Momentum Builds — $99K Next?
Bitcoin (BTC) is showing strong bullish momentum across multiple timeframes, suggesting a potential breakout above the key resistance at $97,388.
On the 4H and 1D charts, price is trading above all major EMAs, and the structure remains solidly bullish. Short-term charts (15m & 5m) confirm a strong recovery with a surge in volume and a clean bounce from the local dip around $96.3K.
Momentum Indicators:
RSI is heating up across all timeframes, hovering above 68, signaling strong buyer interest.
Stochastic RSI on the 5-minute chart has hit 100, indicating extreme momentum in the short term.
MACD signals a potential continuation rally, and volume confirms this is not just a temporary pump.
If BTC breaks and holds above $97,400, the next targets are:
$98,200
$98,800
$99,500 (psychological level)
Failure to break $97.4K could lead to a healthy retest near $96.0K for potential re-entry.
Conclusion: Bulls are in control, but watch the breakout zone closely. Momentum is real — BTC could be charging toward $99K soon!