#Bitcoin (BTC) Price Analysis – $92,264
BTC is currently trading at $92,264, showing a +6.08% increase over the past 24 hours. The price has bounced sharply from $78,258, indicating strong demand at lower levels. However, key resistance at $95,864 could trigger profit-taking.
Key Levels to Watch:
• Support: $86,848 – $83,164
• Resistance: $95,864 – $102,213
Potential Scenarios:
1. Bullish: If BTC holds above $92,500, it may test $95,864. A breakout above this level could push the price toward $102,000.
2. Bearish: A rejection from current levels and a drop below $89,500 may lead to a retest of $86,800 – $83,000.
Volatility remains high, so keep an eye on trading volumes and price reactions at key levels.
What’s your target for BTC? Share your thoughts!