Market Update

Bitcoin has experienced a strong bounce following the $92k sweep yesterday, reclaiming both the 4-hour EMA200 (yellow line) and the $96.4k Monthly Open level.

The key support to watch is $96.5k on the 4-hour chart. As long as this level holds, the next major resistance is $99.6k, the Previous Month High. A 4-hour close above $99.6k could open the door for a push toward $103k, the Monday Low.