Bitcoin-$100K Breakout or Pullback Ahead?

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Bitcoin remains in a tight consolidation phase after rebounding from key support.

Support at $93,700 Holding: BTC has successfully defended the ascending trendline and 200 EMA, showing strong buyer interest around this level.

Range-bound movement: The price continues to hover between the ATH resistance and the lower support, forming a key accumulation zone.

Breakout Watch: A daily close above the $100,000 resistance could lead to a breakout, while a failure to hold support may trigger a correction.
Traders should keep an eye on BTC’s next move, as volatility could increase soon.

Penafian

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