#Bitcoin Hits $97K Approaching a Key Resistance Zone
$BTC continues its upward momentum after breaking the long standing downtrend line. The price is now testing the $97,000 level, which has historically acted as a strong resistance.
This area has previously triggered heavy sell offs, so the reaction here will be crucial in determining whether the rally can continue.
Key takeaways from the chart:
• The downtrend has been broken and price action is holding above it.
• The $92,000–$93,000 range has now turned into a solid support zone.
• Whale activity remains around +20, indicating ongoing interest from large players.
A successful breakout above $97K could open the door to targets like $100K and even $105K in the near term.
The technical outlook remains positive keep an eye on volume and price confirmation. I’ll continue to update if there are any major shifts.
Wishing everyone a profitable day 💐