Analysis -
BTC is holding support at $96,000 and $90,500, while key resistance levels are at $102,000 and $105,000. It’s important to trade cautiously and manage your risk around these critical levels.
BTC has successfully broken the $99,000 resistance, a positive signal for bullish momentum. The daily 50-day Moving Average (MA) is now positioned as support around $97,000 which can also act as a retest level. If BTC closes a daily candle above $98,000, this increases the probability of the price moving toward the $102,000 resistance.