Bitcoin Price Update: $BTC /USDT Sees Bullish Momentum Near $97K
#Bitcoin ($BTC /USDT) is showing solid upward momentum today, currently trading at $96,420, up +1.45% in the last 24 hours. The 24h price range has been between $94,913 and $97,424, indicating healthy volatility and active trading.
The 24h trading volume stands at 21,132 BTC, equivalent to $2.04 billion USDT, reflecting strong market participation.
Technical Snapshot:
7-day MA: $92,843
25-day MA: $61,102
Resistance: $97,400
Support: $94,900
Market Sentiment: Bullish
Over the past 7 days, BTC has gained 3.24%, and over the past month, it’s up by 13.30%. The yearly return sits at a strong +63.65%, confirming long-term bullish strength.
With major indicators favoring buyers and BTC holding above key moving averages, the momentum suggests a potential breakout toward six figures if resistance at $BTC #97,500 is breached.