đ Bitcoin enthusiasts, keep your eyes peeled! BTC is teasing us with another potential rally as it flirts with the $100K mark. While it hasn't quite breached this historic level, recent price action is sparking optimism.
đ On the daily chart, Bitcoin has faced resistance at $100K but found solid support at $92K. This could signal a bottoming phase, setting the stage for a push towards $110K!
đ Zooming into the 4-hour chart, BTC has broken an ascending channel but held firm at $92K. With RSI climbing above 50%, bullish momentum is building, hinting at a possible breakout.
đ On-chain analysis reveals short-term holders taking profits, yet demand remains strong above $90K. Bitcoin seems poised for another challenge at $100K!
