🚨 Bitcoin at the Crossroads: Will It Soar or Slip? 🪙📉

$BTC has climbed to a local high of $97,900, breaking free from a two-week consolidation — a move fueled by improving U.S.-China trade sentiment and a rising S&P 500, highlighting BTC’s growing correlation with traditional markets.

Current Market Structure:

• BTC is trading inside an ascending channel

• Resistance: $97,425 and $99,475

• Support: $95,500 (critical) and deeper at $92,000–$88,000

A sustained hold above $95,000 could ignite the next leg up, while a breakdown may trigger a pullback toward lower support levels.

Technical Warning Signs:

• Overbought conditions

• Bearish divergence

• Declining volume

These signal a possible short-term correction in the next 24–72 hours, especially if support cracks.

Key Levels to Watch:

• Resistance: $97,425 / $99,475

• Support: $95,000–$95,500 / $92,000

Trading Tips:

• Monitor the $95K–$95.5K support zone for strength or failure

• Be ready for a possible retracement

• Use proper risk management — have a plan before entering trades

✅ Stay sharp. Stay informed. Trade wisely.

This is not financial advice — always DYOR.