Thanks for sharing the update—it looks like Bitcoin is approaching a critical psychological and technical milestone at $100,000. A few key takeaways from the Binance report:
Price Surge: BTC is now around $97,000, translating to roughly ₨23.8 million in PKR.
Institutional Interest: Morgan Stanley may enable crypto trading on E*Trade, and MicroStrategy (MSTR) is doubling down with a $21 billion equity raise to buy more BTC.
Technical Breakout: BTC broke out from a descending channel and pennant, suggesting bullish momentum.
RSI Strength vs Volume Weakness: While RSI shows strong momentum, lower trading volume signals that big players might still be hesitant.
Key Levels:
Resistance: $100K and $107K
Support: $92K and $85K
If BTC clears $100K with solid volume, that could trigger a FOMO rally. However, cautious optimism is wise given the thin volume.
Would you like a visual chart showing these resistance/support zones and trendlines?
