Bitcoin violently breaks through $92,500! The push towards $94,000 is on the horizon!
Just now, Bitcoin made a strong attack, directly breaking the key level of $92,500. The short-term momentum is unstoppable, with the next target aiming for the $94,000-$95,000 area! The increase has surpassed 10%, and the market is accelerating across the board!
Technical indicators are all firing:
Holding steady above $90,500 and the 100-hour moving average
MACD is expanding rapidly, showing strong bullish momentum
The hourly chart shows a bullish trend line providing solid support, located around $90,150
RSI strongly maintains above 50, with buying pressure continuously flowing in
Resistance levels above:
$93,500: Initial pressure
$94,000: Key resistance, if broken, look to $95,000
$96,500~$98,000: Once broken, it will trigger a new wave of FOMO
Support levels below:
$92,000: First line of defense
$90,150: Trend line + Fibonacci 50% golden retracement level
$88,800~$87,500: Mid-term key support zone
The market has entered the main upward wave phase; rhythm is key! Bitcoin is standing at the explosion threshold, and a breakthrough could ignite a new high market at any moment!
Brothers, keep a close eye on the trend, act decisively, the future belongs to those who dare to act! #ADA
