📈 $BTC /USDT – Bulls Regain Momentum Above $93.9K After Solid Recovery 📈
Current Price: $93,921.15
24H High: $94,006.00
24H Low: $91,660.01
24H Volume: 19.51K BTC / $1.81B USDT
Market Analysis:
Bitcoin has posted a strong intraday reversal, bouncing from a low of $91,660 to briefly touch $94K resistance. Price is currently holding just under that key level, supported by bullish alignment in all EMAs:
EMA(7): $93,752
EMA(25): $93,486
EMA(99): $93,124
This upward crossover on all short- and medium-term EMAs confirms bullish pressure. The bounce from the $91.6K zone was clean and supported by rising volume and strong green candles, suggesting buyers are actively defending dips.
Outlook:
If BTC holds above $93,600, expect another retest of $94,200–$94,500. Failure to break could lead to a minor pullback to the EMA cluster (~$93.2K–$93.5K) before continuation.
Pro Tip:
Monitor the next 15M candles—strong close above $94K with volume could trigger breakout scalps. Use tight stops if entering fresh longs.