BTC Market Analysis🚩

Yesterday, BTC saw a strong rise on the daily chart, jumping from a low of around 94050 to a high of 99300, setting a new record and approaching the 100000 mark, ultimately closing around 99000. Currently, BTC faces psychological resistance at 100000, while the MA7 moving average provides support below. If this level is broken, it may test the MA14 moving average.

On the four-hour chart, MA14 serves as short-term support, and a break below it could lead to a drop towards MA30. The MACD indicator shows an increase in bullish strength, forming a golden cross, which adds momentum for future price increases. In terms of operation, consider buying on dips during pullbacks.