BTC Price Forecast: Bitcoin Needs to Overcome This Resistance to Rise to $110,000

The BTC EMA lines show signs of possible strong growth as the short-term EMA crosses the long-term. Such a 'bullish cross' often signals an increase in momentum, which could push the price of Bitcoin to test resistance at $98,870.

If the asset successfully overcomes this level, it will continue to rise towards $102,590 or even test a new historical high at $110,000.