Hello Binance Square family!
Bitcoin (BTC) has provided us with a perfect correction — and savvy traders know that a healthy pullback is often the ideal time to reload. If you've been waiting for a signal to buy the dip, this may be the moment you've been waiting for! Let's break down the latest analysis and see why many experts are now targeting $98K to $100K in the coming days.
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⚡ Quick summary — Recent BTC movement
After reaching a local peak near $93K, Bitcoin pulled back — but instead of crashing, it beautifully retests the main support. This type of price action often indicates that strong hands are buying the dip — and that's exactly what's happening now.
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What makes this pullback special?
Here's why this correction could be a golden buying area for the next big round:
✔️ Retesting support: Bitcoin has returned to test a strong support area near $79K-$80K — confirming this level as a new floor.
✔️ Overbought Relative Strength Index: The RSI has reached overbought levels at the breakout area — indicating the price may be ready to rise.
✔️ Double support factor: March 7 is a key date — Bitcoin's peak — adding fundamental support alongside technical levels. Major events often attract attention, liquidity, and positive sentiment.
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Targeting $98K to $100K — how realistic is that?
Let's talk numbers:
If Bitcoin holds above $80K: buyers can quickly push the price towards resistance at $93K-$95K.
If Bitcoin breaks above $95K with strong trading volume: it opens the door for a strong rise to $98K-$100K — a natural psychological and technical target.
Key areas to watch:
Support: $79K - $80K
Resistance: $93K - $95K, then the psychological barrier of $100K
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Why these settings are additional bullish for Binance Square traders
This isn't just a random jump — it's a perfect crossover deal. Here's why:
✅ Retesting the previous breakout level = classic bullish structure
✅ Overbought Relative Strength Index = potential momentum shift
✅ Fundamental catalysts (Bitcoin peak) = additional confidence for buyers
When technicals + sentiment + fundamentals align, you often get some of the strongest moves in the crypto world.
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Professional tip for the Binance Square family
Don't chase the green candles — plan your entry smartly. If Bitcoin pulls back near $80K again, it could be a golden entry point for the next round to $100K.
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What's your game plan?
Are you buying this dip and aiming for $100K? Or are you waiting for confirmation above $95K before going all in? Share your strategy below — let's trade smart together!
Stay bold, stay smart, and stay connected — only with the Binance Square family!
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