Short-Term Outlook Of $BTC
BTC is testing resistance levels, and a break above $95,630 could trigger a rally toward $96k–$97k. Conversely, failure to hold above $94,500 (MA25 support) might lead to a pullback to $93,500–$92,800.
Key Levels to Watch:
- Support: $94,500 (MA25) → $93,357 (recent swing low).
- Resistance: $95,630 (24h high) → $96,000 (psychological barrier).
Final Take:
The broader trend remains bullish supported by institutional interest and macro tailwinds (e.g., ETF inflows, halving aftermath). However, traders should monitor volume closely—sustained buying pressure is needed to invalidate short-term bearish divergence.
Strategy Tip: Consider scaling into positions on dips toward $94,500–$93,500, with strict stop-losses below $92,800. $BTC #Write2Earn #BTCvsMarket