#BTCBreaks99K
General Trend:
Upward, and Bitcoin is above the Exponential Moving Average (EMA) which supports positive momentum.
Candles:
Inverted Hammer candle at the bottom followed by a rise.
Fibonacci:
Retracement from the 0.618 level confirms a healthy correction within an upward trend.
Support and Resistance:
Strong support at 95,000 and psychological resistance at 100,000.
RSI and MACD:
Momentum is strong (RSI = 68.31), and MACD indicates continued upward movement.
Conclusion:
The trend is positive, and breaking through 100k could open the door to higher levels, but a correction is likely.
⭐Enter after breaking a strong daily candle and closing above 100k
✅Targets
105k
110k
Be careful and pay close attention, may God grant you success.