馃殌 Bitcoin Bullish Charge: Massive Momentum Building Up 馃殌
Bitcoin ($BTC) is gaining steam with a +2.04% surge, currently trading at $97,565.11, just shy of its 24-hour high of $97,584.00. This impressive climb follows a rebound from its 24-hour low of $94,698.00, indicating strong buying pressure in the market.
The price has broken past the previous resistance level of $96,651.73, positioning BTC for a potential breakout toward $97,731.20 or even higher. If this momentum holds, traders could witness further gains in the short term.
However, caution is necessary near the $96,572.27 support level. A pullback to this range could present fresh long entry opportunities, but any sustained push above $97,584.00 may signal a path to new highs.
馃挕 Pro Tip: Keep stops tight and stay alert for volatility spikes as Bitcoin navigates these critical levels.