#BTCPrediction
đ #BTCPrediction â Whatâs Next for Bitcoin?
Will it pump or dump? Bitcoin is currently trading near $96,970 after a strong rebound from the $92,900 level. The price has just broken through key moving averages and is now approaching a significant resistance zone around $97,700âjust shy of the recent high at $97,895. A confirmed breakout above this level could trigger a bullish run toward $98,500 or even the psychological $100,000 mark, especially if institutional interest and ETF inflows continue to rise.
đ #bullish Scenario: If current momentum holds, Bitcoin may push toward $98.5K. Continued demand and market optimism could fuel further gains.
đ» #BEARISHđ Scenario: On the flip side, a rejection at resistance could lead to a pullback toward the $94,500â$95,300 range, as traders lock in profits after the recent rally.
đź Prediction: A slight move upward to around $97,500 followed by some sideways consolidation seems likely. But as always in cryptoâexpect the unexpected. Always DYOR (Do Your Own Research)!