🚀 $BTC /USDT ALERT: Bitcoin Holding Strong at $93,954 – Will It Hit $95K? 🔥
Current Price: $93,954.45 (+0.92%)
24h High: $94,831.97
24h Low: $91,320.00
24h Volume: 45,752.23 $BTC
Bitcoin is consolidating after hitting a 24-hour high of $94,831, indicating strong upward momentum as traders eye the next big move. Could $BTC be on track to test $95K and beyond?
🎯 Key Targets to Watch:
1️⃣ Immediate Resistance: $94,800 – A breakout here could push BTC to the $95K mark.
2️⃣ Second Target: $97,500 – If momentum sustains, BTC might approach this key resistance zone.
3️⃣ Major Target: $100,000 – Breaking psychological resistance could spark a massive rally.
💡 Support Levels:
Key support lies at $93,000, with a deeper support at $91,500 in case of pullbacks.
📈 Technical Indicators:
MA(7): $94,171 – BTC must reclaim this level to confirm short-term bullish momentum.
MA(25): $93,022 – Currently acting as critical dynamic support.
MA(99): $91,472 – Longer-term support remains intact, signaling an ongoing bullish trend.
⚠️ Trading Tip: Keep an eye on volume spikes for breakout confirmation. Tight stop-loss levels are crucial to navigate volatility at these high price ranges.