BTC Key Support and Resistance Levels
Immediate Resistance: $95,786
Major Resistance: $100,000
Immediate Support: $93,092
Strong Support: $90,398
These levels are critical for traders to monitor, as they can indicate potential breakout or breakdown points.
🔍 Technical Indicators
Relative Strength Index (RSI): Above 70, suggesting overbought conditions.
Moving Average Convergence Divergence (MACD): Bullish crossover observed, indicating upward momentum.
📈 Market Sentiment
Recent analyses suggest that Bitcoin is exhibiting bullish momentum. However, traders should remain cautious of potential pullbacks, especially if the price fails to break above key resistance levels. $BTC