#CryptoComeback #BTCBackto100K Bitcoin analysis indicates a continuation of the upward trend with some potential volatility. Here are some key points¹ ²:
- *Current Price*: The price of Bitcoin is approximately $102,968.26, with an increase of 6.07% recently.
- *Upward Trend*: Technical analysis suggests that the upward trend will continue, with the price potentially reaching levels of $100,000 and $102,000.
- *Support and Resistance Levels*: The level of $95,500 is considered strong support, while the level of $97,500 represents strong resistance.
- *Potential Scenarios*:
- *Bullish Scenario*: A breakout above $97,500 could lead to the price reaching levels of $100,000 and $103,000.
- *Bearish Scenario*: A break below $95,500 could lead to a downward correction towards levels of $90,000 and $86,000.