$BTC

After reaching resistance near $98,000, BTC has stabilized but is facing selling pressure, possibly due to profit-taking. A decisive close above $98,000 could target $100,000-$106,000.

Key Technical Indicators

Moving Averages:

The 50-day moving average (~$86,456) and the 200-day moving average (~$90,089) are both far from the current price, confirming the upward trend.

$BTC