$BTC : Breaking Through $95K Resistance
Strong Momentum and Crucial Levels:
Bitcoin has broken through the critical $95,000 resistance level, demonstrating strong momentum. The key question now is whether this rally has enough strength to push towards the $100,000 milestone or if another reversal is imminent.
Market Recap:
- Key Resistance Broken: $95,000
- Current Price: Holding above $95,000
- Immediate Resistance: $96,000 - $97,500
Outlook:
If Bitcoin maintains its strength above $95,000 and breaks through $96,000 convincingly, the path to $100,000 could open up. However, failure to hold above $95,000 may trigger another selloff towards $93,000 - $94,000 levels. With momentum high and volatility intense, the next few candles will be crucial in determining the direction.
