#Marketupdates

Bitcoin has made a remarkable push, briefly touching $90k overnight, and it's clear that this level is acting as significant psychological resistance. While we're in price discovery mode, the $90k mark is a key point to watch, and the 4-hour chart confirms this as a critical hurdle. If Bitcoin can hold above $90k, the next stop could easily be $100k.

On the support side, the blue line on the 4-hour chart is the EMA8, which has been a reliable indicator since the breakout last week. This level has shown strength again today, and maintaining this support will be key to sustaining upward momentum. Any break below this would likely signal a deeper pullback or consolidation phase before Bitcoin can continue higher.

At this point, it's all about how Bitcoin reacts to these levels: if $90k holds as resistance or gives way, and whether the EMA8 continues to provide solid support for the next leg up.