Bitcoin (BTC) Chart Analysis
1. Overall Trend:
Bitcoin #BTC☀️ is slightly down, with a change of -0.14%.
The price is fluctuating between 97,640.01 $ (potential support) and 98,044.47 $ (near resistance).
2. Volatility Signs:
The movements show quite sharp ups and downs, indicating typical intraday volatility.
An attempt at an upward breakout seems to have met resistance at $98,044.47.
3. Outlook:
If the price breaks above $98,044.47, it could aim for a higher target around $98,500.
If the support at 97,640.01 $ gives way, a drop to 97,500 $ or lower could occur.
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