$BTC Bitcoin is trading at $97,030 with a$BTC $BTC market capitalization of $1.927 trillion, supported by a 24-hour trade volume of $28.862 billion. During this session, bitcoin saw a price range between $93,592 and $97,511, reflecting ongoing volatility within a consolidative structure near recent highs.

Bitcoin

Bitcoin’s multi-timeframe chart action continues to reflect bullish strength, particularly on the daily chart, where the asset maintains a strong uptrend that began in mid-April. Prices rallied from approximately $74,434 to reach a local peak near $97,938 before entering a consolidation phase. While volume has tapered slightly post-surge, the price structure remains constructive, showing no immediate signs of distribution. Key support lies at $92,000, with resistance observed near $98,000. A breakout above this resistance with volume confirmation could catalyze a move toward the psychological $100,000 level.