#BTCtrade

Bitcoin Surges Past $98K Amid Record-Low Volatility – What’s Next?

$BTC Bitcoin has just crossed the $98,000 mark while trading at its lowest Average True Range (ATR) of the year. This kind of price action usually signals one of two possibilities:

1. A potential bull trap, where momentum fades and a correction looms.

2. A strong breakout brewing, possibly signaling the start of another explosive rally.

Looking at the broader picture, all major Simple Moving Averages (20, 50, and 200) are trending upward across key timeframes. This sustained bullish structure suggests that we may be on the brink of further upside rather than a#BTCtrade reversal.$BTC