Bitcoin is making a strong recovery after its drop from $95,000, currently trading at $89,778. The big question—will BTC break key resistance and push toward $100K?
Is a New Rally Coming?
Bitcoin bounced from $78,258, showing strong buyer interest at lower levels. However, the Parabolic SAR remains bearish at $81,500, signaling caution.
For a decisive breakout, we need:
✅ A close above $92,000 with strong volume 📈
✅ Bullish confirmation from key moving averages
✅ Market-wide confidence and liquidity influx
If these align, BTC could reclaim $95K and aim for $100K+ in the coming months!
Key Levels to Watch 🔍
🔹 Resistance: $92,150 – A breakout could send BTC to $95K and $98K
🔹 Support: $84,780 – Losing this could trigger a dip to $81K and $78K
Trade Setup – Catch the Next Move!
📈 Long Entry: Above $92,150, targeting $95K & $98K
📉 Short Entry: Below $84,780, aiming for $81K & $78K
🛑 Stop-Loss: $87,500 for risk control
Market Insights – Bulls vs. Bears!
🔸 Parabolic SAR: Still bearish at $81,500, needs confirmation
🔸 Volume: Weak but showing signs of recovery
🔸 Moving Averages: MA(5) at $6,635 and MA(10) at $7,985, indicating mixed momentum
🔥 Will BTC Hit $100K Soon?
BTC is at a critical juncture—breaking $92K with strong volume could lead to a rally toward $95K+! But failing to hold $84K support could trigger another correction before the next bullish move.
💬 Do you think BTC will break $100K this cycle? Drop your predictions below! 🚀🔥
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