$BTC is currently trading at $98,162.40, up 2.39%, after reaching a 24-hour high of $98,436. The price has rebounded strongly from a low of $96,799.42, signaling bullish momentum on the 15-minute chart. The MA(7) at $98,025.67 and MA(25) at $97,595.77 suggest strong near-term support, while the MA(99) at $96,991.95 serves as a key trend confirmation level. With an order book showing 71.84% buying pressure, demand remains strong, indicating a potential breakout if BTC surpasses $98,436. However, a failure to hold above $98,000 could result in a pullback toward $97,500. Traders should monitor volume and resistance levels for confirmation before making new entries.

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