JUST IN: 🇺🇸 US Treasury compares #bitcoin☀️ to digital Go | TMC on Binance Square

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JUST IN: 🇺🇸 US Treasury compares #bitcoin☀️  to digital Gold
The "primary use case for Bitcoin seems to be a store of value aka digital gold."

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First Tp #alert

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Market Update: Bitcoin has made the expected move, with the $98.9k level (previous week high) acting as solid support, leading to a push to $102k. However, Bitcoin is now facing resistance at this level, due to a bearish engulfing candle from December 20th. There’s potential for a retest around the $100k area, which we’ll need to hold for continued upward movement. If the $102.5k level flips, we could see Bitcoin pushing towards $105k. Meanwhile, our BTC short position is performing well—congratulations to those who took the trade and are now in profit. #btc走勢

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$BTC Short entry $102k-101.6k Target $100k $99k SL $103.9 #Signal.

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Market Update: Bitcoin (BTC) continues to respect the range established over the past few days, with key support at $97.5k and resistance at $99.5k. The $97.5k support has held firm through multiple tests, while the $99.5k resistance is still intact. BTC has successfully broken above the $98.9k level (Previous Week High) and is now attempting to establish it as 4-hour support. Should this level hold and the price consolidate, a potential test of $102k could be in the cards. At this stage, the market remains in a range-bound condition, with a clear breakout needed to confirm the next move.

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