Market Analysis: BTC
Bitcoin (BTC) is showing a bullish pattern as price broke the $84K resistance with a strong bullish candle. After retracing back into the resistance level, it was rejected with a pin bar candle, signaling that this level is now acting as support.
On the lower time frame, BTC continues to show bullish momentum , forming higher highs and a stronger market structure. If the price sustains this upward movement, the next key resistance level to watch is around $94K ๐.
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