#ActiveUserImpact Bitcoin must close above $99,800 to confirm the uptrend and break out of its short-term range.

Failure to sustain momentum could push Bitcoin toward key support levels at $95,100 and $92,300.

ETF inflows remain a concern, but bullish sentiment is supported by positive regulatory signals and Trump’s pro-crypto stance.

Looking for actionable trading ideas to navigate the current market volatility? Sign up here to unlock access to InvestingPro’s AI-picked winning stocks.Bitcoin has stabilized after the volatility seen in early February and is now trading within a tight range.

The cryptocurrency faced resistance at $97,700 this month and found support around $95,300. Buying activity in the second half of the week helped stabilize the price. It closed above $97,700 yesterday and moved into the $98,000 range.

This move indicates a possible uptrend and pushed Bitcoin above the short-term EMA levels. For the trend to consolidate, Bitcoin needs to close the week above $99,800. If it gains momentum, it will break the 0.144 Fibonacci resistance and exit its short-term range, attracting more buyers, which could push the cryptocurrency towards the next resistance area at $104,000 to $106,000.