$BTC
Current Price: $96,573
Recent High: $97,865
Support Zone: $93,800 to $92,100 (EMA-25 area)
Resistance Zone: $97,865 (previous high) and $99,000–$100,000 (psychological resistance)
Trade Setup Suggestion
If you’re already holding a long position:
• Take-Profit (TP1): $97,800–$98,000
• Take-Profit (TP2): $99,500–$100,000 (if BTC shows strength and breaks out)
• Stop-Loss (SL):
• Conservative: $93,800 (just below recent local low and below consolidation support)
• Tighter (aggressive): $95,000 (to lock in gains, but may get stopped out on volatility)
Summary
• Trend: Bullish continuation, attempting breakout.
• RSI: Near 60 — showing strength but not overbought yet.
• Volume: Stable, not extreme — breakout possible but needs confirmation.
If BTC breaks and holds above $98,000, a move to $100K is likely.