Bitcoin $BTC is approaching the critical $100,000 mark, with $6,377 in short positions liquidated at $99,641.80. This surge suggests growing buying pressure near the psychological barrier. Key levels to watch are:
Resistance: $100K
Bull Target: $102K – $105k
Support: $98.5K – $99K
Strategy: Wait for a breakout above $100K with strong volume. Consider a long position targeting $104K, with a stop-loss below $98.5K.