đ #Bitcoin Nears $100K: Breakout or Correction?
$BTC teeters just below the $100,000 milestone, trading
between $98,500â$98,750. Will it break past resistance or face
a pullback?
Chart Insights:
Daily:Â Uptrend from $65K continues, but lower volume near
$99.5K suggests caution.
Key support at $90Kâ$92K offers safer entries.
4-Hour: Stuck at $99.5K resistance, support holds atÂ
$95Kâ$96K. A breakout above $99.5K could propel gains, while
losing $95K risks a drop.
1-Hour:Â Sideways movement hints at a tipping point. A move
above $98.5K on strong volume may confirm bullish momentum.
Technical Indicators:
RSI/Stochastic:Â Neutral.
CCI/Momentum:Â Slightly optimistic.
10- & 50-Day EMAs:Â Favor an uptrend.
Targets:
Bullish: Break $99.5K â climb toward $105K+.Bearish: Drop below $98K â correction to $92K.
Will Bitcoin hit $100K?