$BTC /USDT – 1H Chart Overview:
Current Price: $99,221.95 (+2.15%)
24H Range:
High: $99,888.00
Low: $95,784.61
Recent Price Action: Strong bullish momentum with a clean rally from the $95,784.61 support zone, forming a series of higher highs and higher lows.
Resistance Zone: Around $99,888 – $100,093 (a psychological and technical level).
Support Zones:
Minor: ~$98,262
Stronger: ~$97,359 and ~$96,465
Volume: Volume has increased during the rally, but slightly tapered near the top—indicating possible short-term consolidation or a pullback.
Moving Averages:
MA(5) is currently below MA(10), hinting at a short-term cooldown. However, this could reverse if bulls step in near support.
Short-Term Outlook:
A brief consolidation or minor correction could occur below the $100K psychological level. If BTC can hold above $98.2K and regain buying volume, a breakout above $100K is likely.
If rejected, watch for support tests at $97.3K and $96.4K.