Bitcoin ($BTC ) price rose to $102,020, recording a +1.51% gain and approaching a 24-hour high of $102,540. This sharp recovery from the recent low of $94,150 highlights renewed bullish momentum, supported by increased trading volume at $3.26 billion. A break above the $102,540 resistance could push Bitcoin towards fresh highs, attracting aggressive buyers aiming for short-term gains. However, traders should keep a close eye on the $99,883 support level; a decline below it could lead to a retest of $96,806, offering opportunities for re-entry. This is a pivotal moment for Bitcoin – manage risk wisely and stay alert for what’s next.
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