🚀 #Bitcoin Nears $100K: Breakout or Correction?
$BTC teeters just below the $100,000 milestone, trading
between $98,500–$98,750. Will it break past resistance or face
a pullback?
Chart Insights:
Daily: Uptrend from $65K continues, but lower volume near
$99.5K suggests caution.
Key support at $90K–$92K offers safer entries.
4-Hour: Stuck at $99.5K resistance, support holds at
$95K–$96K. A breakout above $99.5K could propel gains, while
losing $95K risks a drop.
1-Hour: Sideways movement hints at a tipping point. A move
above $98.5K on strong volume may confirm bullish momentum.
Technical Indicators:
RSI/Stochastic: Neutral.
CCI/Momentum: Slightly optimistic.
10- & 50-Day EMAs: Favor an uptrend.
Targets:
Bullish: Break $99.5K → climb toward $105K+.Bearish: Drop below $98K → correction to $92K.
Will Bitcoin hit $100K?
