Bitcoin price is consolidating above the $95,000 support zone and is nearing a critical resistance level of $98,000. The BTC/USD pair is forming a bullish trend line with support at $96,000. A successful breakthrough of the $98,000 barrier could see BTC testing the significant $100,000 level in the near term.
However, failure to break through could result in a decline, testing support back near $95,000. Technical indicators show the RSI above 50, signaling potential bullish momentum but caution is advised.
Булак: www.newsbtc.com ↗