$BTC /USDT: Testing Key Levels – Is $100K Within Reach?
Bitcoin ($BTC) is consolidating around $95,107 as traders anticipate its next major move. After dipping to $93,500, it rebounded sharply but faced resistance near $97,500, indicating a potential slowdown near critical levels. The price action reflects uncertainty, with bulls striving to maintain control.
Immediate support lies at $94,300, and a breakout above $95,733 could open the door for a retest of $97,746 or higher. Bitcoin's trading volume has surpassed 8,000 BTC in the past 24 hours, underscoring its dominance in the market.
Key resistance sits at $96,263—failure to clear this level could spark bearish sentiment. However, if $BTC breaks past $97,300, a push beyond $100K may be imminent. Altcoins like Ethereum ($ETH) and Solana ($SOL) may follow Bitcoin's lead if bullish momentum continues.
This consolidation phase over the last 40 hours feels like the calm before a potential storm. Traders should remain alert as Bitcoin approaches critical levels.
