Today, we witnessed a strong breakout in the BTC/USDT pair as Bitcoin surged past the $90,000 mark, currently sitting at $90,718.13, up by +3.08% in 24 hours!
Key Highlights:
24h High: $91,439.46
24h Low: $86,389.78
Volume (BTC): 34,638.70
Volume (USDT): $3.08B
Technical Insights:
BTC has broken through the 7-day and 25-day moving averages (MA7: $85,991.94, MA25: $83,387.29), indicating short-term bullish momentum.
The candlestick structure shows a powerful green candle forming above previous resistances.
Volume is climbing steadily—confirming strong market interest and potential continuation of this bullish trend.
Current price is slightly below the 99-day moving average (MA99: $90,835.26), which could be the next resistance to break.
My Take: This could be the beginning of a larger move toward the $95K–$100K range. If bulls continue to hold this level, we might see BTC pushing new all-time highs soon. However, a retracement is always possible, so I'm keeping an eye on the $89K and $87K support zones.
Are you bullish or cautious at this level? Let me know your strategies in the comments!
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