Bitcoin's price is sitting at $98,309, bringing its market cap to a staggering $1.94 trillion and achieving a 24-hour trading volume of $19.92 billion. With its price range fluctuating between $97,292 and $98,626, the crypto giant is at a crucial turning point.
On the technical front, Bitcoin is testing the $98,000 resistance level on the 1-hour chart, having rebounded from $97,277. This is a critical milestone, as breaking it could lead to the highly anticipated $100,000 target, bolstered by bullish candles creating optimism among investors and traders alike.
