$BTC $BTC/USDT on 04/24: Resistance at $94K and support at $91K — what to expect?
Today, the $BTC faced resistance while trying to surpass $94,000, retreating to the range of $92,600. The $BTC/USDT pair showed the following data:
1. Intraday high: $94,106
2. Intraday low: $91,733
3. Current price: $93,250
4. Daily change: -0.89%
5. Trading volume (24h): $36.36 billion
TECHNICAL ANALYSIS:
BTC recently broke a four-month descending wedge pattern, closing above the 200-day moving average, with the RSI above 50, indicating positive momentum.
Main resistance: $94,000 — an important psychological and technical level.
Immediate support: $91,000 — an accumulation area observed in recent sessions.
My strategy:
✅ Monitor price behavior near the support of $91,000.
✅ Consider fractional entries (DCA) if the price remains above this level.
✅ Be alert to a possible breakout above $94,000, which could indicate the continuation of the bullish trend.
And you? Are you following the movement of $BTC today? Share your analysis in the comments!
