$BTC ON EDGE: Bullish Break or Bearish Bait? ⚡
Bitcoin (BTC) is teetering at $94,158, cooling off after a recent surge, now showing a slight -0.38% dip. Price is hovering just below the MA(7) $95,224.97, hinting at short-term exhaustion. However, the bulls still hold ground above the MA(25) $90,738.85 and MA(99) $89,743.38, which are trending upward—momentum could resume soon.
🎯 Objectives
Near-Term Target: $97,000 – $100,000
Key Support: $90,000
Breakout Level: $95,500+
🧠 Strategy
Entry: Buy zone at $92,000 – $93,000 on dip
Stop Loss: $89,500