Bitcoin (BTC): Looking to Reach the $100,000 Threshold
Bitcoin is trading around $95,000, with 7-day volatility at its lowest level in 563 days, indicating a potential significant price movement. A breakout above $95,000 could push BTC towards the psychological resistance at $100,000. If surpassed, the next target could be $107,000. However, failure to break this level could lead to a pullback to the 20-day moving average at $90,102 or even the 50-day moving average at $85,645.
