【Explosive Market! Bitcoin Soars Towards the $100,000 Mark】 Bull Market Ignited, Next Stop: Six Figures?

Bitcoin is taking off again! After breaking through the $96,500 level, the market is soaring, and the market sentiment is high, with the $100,000 target within reach.

From a technical perspective, BTC has broken through key resistance and is steadily operating above $98,000. If it can hold above $98,800 in the short term, it is expected to sprint towards $99,500 or even the psychological $100,000 level. The current price is stable above $97,500, maintaining a strong momentum.

However, if it fails to break through $98,250, a short-term pullback may occur, with key support levels at $97,000 and $96,400. If it falls below these levels, it could retrace to the $95,500 area.

Indicator Interpretation:

MACD enters bullish acceleration zone

Fibonacci Retracement shows good support

Market Focus on the $100,000 Barrier

This round of the bull market may just be the beginning. Is it time to buy on dips and keep up with the main players?