$BTC BTC is currently trading above all major moving averages (MA7, MA25, MA99), which is a bullish sign. It has broken past the 90k resistance and is now consolidating just below $96k.

Volume & Momentum

The recent price surge is backed by strong volume, suggesting legitimate buying interest.

However, short-term momentum indicators (e.g., volume drop + 1.05% dip today) hint at a potential minor pullback or sideways movement before further upside.

Suggested Trade Setup:

Trade Type: Short-Term Swing Trade

Bias: Bullish (Buy-the-Dip)

Entry Zone:

$93,800–$94,200 (look for wick rejections or candle support near this zone)

Targets:

Target 1: $97,500

Target 2: $100,000

Target 3 (if strong momentum): $103,600

Stop Loss:

Below $92,000 (below short-term structure and 25-day MA)