$BTC ♻️💡The current technical analysis of Bitcoin shows a strong buy signal. Here is a breakdown ¹:

- *Oscillators*: Neutral to buy signals, indicating a possible upward trend.

- *Moving Averages*: Strong buy signals across various time frames (10, 20, 30, 50, 100, and 200), suggesting a bullish momentum.

Key indicators to watch ²:

- *Support Level*: $93,000-$95,000, a critical range that has held firm since April 25.

- *Resistance Level*: $97,900, the recent high, and $100,000, a psychological level to watch.

- *111DMA*: At $91.3K, a commonly used technical average to measure Bitcoin's momentum.

- *Short-term holders' cost basis*: At $93.2K, a price level that often separates bullish and bearish market trends.