🚀 Bitcoin breaks through $98,800! Next up could be a challenge at $102,000!
Bitcoin has finally broken through $98,800, approaching the resistance zone of $90,000, and has strengthened again in recent days, even briefly surpassing $99,000. Whether it can maintain this breakout trend will be crucial. If it cannot effectively break through, there may be a risk of a pullback.
From the four-hour chart, Bitcoin stabilized after breaking through the resistance at $92,000, and after a period of sideways consolidation, it is now starting to challenge the key level of $98,800 once again. If it successfully breaks through, $102,000 will become the next target.
Last night's short positions have basically reached the expected level, and although they were exited at break-even, whether there will be a spike in price next will be key. If there are no further spike signals, cautious operations will be necessary.