The Bitcoin BTC currency has risen to over $97,200, recording a peak of $97,546 before stabilizing slightly. This increase comes in the context of markets testing key resistance areas after days of narrow fluctuations between $93,000 and $96,000.
Technical indicators show that Bitcoin has decisively emerged from the long consolidation around $74,400 since mid-April, paving the way for an upward trajectory supported by increasing buying momentum.
The $88,000 – $90,000 area is expected to form a crucial support point in the event of a correction, while a pullback towards $92,000 may present an opportunity to engage in long buy positions, especially if accompanied by an increase in trading volume.
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