๐ Bitcoin's Lightning Rally โ What's Next?
Last night, BTC surged from $93,377 to $97,732 in hours, breaking resistance zones like a beast!
๐ Now it's cooling off around $96,532, likely retesting the breakout zone โ a crucial moment for traders.
๐ง Why It Happened?
This move may be fueled by macro bullish sentiment, ETF flows, and institutional buying. But now comes the test:
๐ Retest = Confirmation โ Can $95K hold as new support?
โ๏ธ Make-or-Break Levels
๐น $95,000 โ Key support zone
๐น Hold = ๐ bounce & test $97.7K again
๐น Break = โ ๏ธ drop to $90K or even $85K
๐ Volume & sentiment will guide the next big move
๐ Bullish Scenario:
โ
Hold above $95K โ Test $97.7K again
๐ฅ Break $98K โ $100K target unlocked
๐ฏ Healthy correction + next leg up begins
๐ Bearish Scenario:
โ Close below $95K with high sell volume
๐ป Target: $92K โ $90K โ $85K
๐ Altcoins may face pressure too
๐ Tradersโ Checklist:
๐ข Support: $95K
๐ Watch: Volume & price reaction
๐ Stay alert to macro or regulatory news
๐ฌ Final Thoughts:
BTCโs move to $97.7K shows strength, but the retest is key.
๐ฏ Short-term traders: stay sharp.
๐ก๏ธ Long-term holders: treat dips as buying opportunities.
