$BTC remains in a strong uptrend with all major moving averages supporting continued bullish momentum. Approaching overbought conditions and resistance at $95,000 could lead to short-term consolidation or minor pullbacks.
A breakout above $95,000 could drive BTC toward $98,000. However, if the price falls below $93,000, a retest of $91,000 is possible.
Support and Resistance Levels
Immediate Support: $93,061.97 (previous consolidation zone).
Immediate Resistance: $94,402.40 (current price action close to this level).
Major Resistance: $95,000 – A psychological and technical barrier.
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