$BTC

BTC is currently testing a critical resistance zone at $97,500, a key level highlighted by analysts due to significant on-chain activity.

Breaking this barrier is crucial for Bitcoin to resume its bullish momentum and potentially retest its all-time high of $109,356. Market sentiment is optimistic, with technical indicators like RSI showing strong buy signals and a bullish trend line supporting at $96,350.

Many traders expect BTC to clear $97,500 within the next week, driven by institutional demand and positive volume balance.

If successful, the next targets could be $98,800 and $100,000. Stay sharp and watch for a daily close above $97,700 to confirm the breakout!