#BTCBreaks99K

The technical analysis of BTC/USD also depicts that it has a strong bullish trend in the coming days. Bitcoin has now crossed above $97,200 and is now trading above crucial levels such as the 100-hour Simple Moving Average. The MACD is in the bullish territory, and the RSI is still above 50, which is a sign of an upward pressure.

As Bitcoin approaches $100,000, analysts are paying attention to the support and resistance levels. The first support level is at $98,250 with the second support at $99,500 and the rounded figure of $100000. On the flip side, there is support at $97,700 and $96,400