#BTCPrediction
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🚀 Bitcoin's$BTC Surge: Is $100K Within Reach or Is a Dip Imminent?
Bitcoin (BTC)$BTC is currently trading at $97,191, having rebounded sharply from the $92.9K zone. The price has broken through key moving averages and is now testing resistance near $97.7K, close to the recent high of $97,895.
🔍 What's Next?
Bullish Scenario: A breakout above $97.9K could propel BTC towards the $98.5K–$100K range, aligning with previous resistance levels and psychological milestones.
Bearish Scenario: A rejection at current levels might lead to a pullback towards the $94.5K–$95.3K zone, where support has been observed in the past.
📊 Technical Indicators:
RSI: Currently at 56.70, indicating moderate bullish momentum.
MACD: Shows signs of slowing bullish momentum, suggesting potential consolidation or a dip.
Support Levels: $94.5K–$95.3K.
Resistance Levels: $97.7K, $98.5K, and the psychological $100K mark.
💬 Your Thoughts?
With BTC at a critical juncture, traders are closely watching for a breakout or a dip. What do you think? Will BTC surge to $100K, or is a short-term pullback ahead? Share your predictions below!
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