🚨 $BTC: Path to $$ 98k? 🚨
Bitcoin ($BTC) has staged an impressive recovery following a liquidity sweep, signaling strength in the market. The asset is currently trading close to the critical resistance of $$ 95.900, a key level to determine the next price direction.
🔍 Last 30-Day Analysis:
Over the past 30 days, BTC has exhibited high volatility, oscillating between $$ 87.500 (recent support) and $$ 97.800, establishing a resistance at the local top. The 50-period moving average indicates an uptrend, while the RSI (Relative Strength Index) is approaching the overbought zone, suggesting a possible decision moment for the market.
📊 Possible scenarios:
• Breakout above US$ 98.000: A breakout could trigger a bullish rally, paving the way for a new all-time high.
• Rejection and consolidation: If the resistance holds, BTC could consolidate or correct to support at US$ 93.000 or to the US$ 90.000 range.
📌 Data sources:
• Charts and indicators: TradingView
• Market data: Binance, CoinMarketCap
🤔 What now?
Will Bitcoin be able to break through US$ 98k and reach new highs, or will we see a pullback in the short term? Leave your opinion in the comments and follow the evolution!