🚨 $95,000 or BUST: Bitcoin Bulls Are Making a Last Stand! Will
$BTC Send It? 🚀
Bitcoin is roaring back from the recent $80,600 crash low, now hovering near $93,956! This recovery is challenging a massive overhead resistance zone. The next 24 hours will decide if this is a true bullish reversal or just a bear market trap. Momentum is high, but the price must break ONE key line to confirm a major move.
📊 Technical Outlook: Momentum Flashing Green
BTC has successfully reclaimed the short-term averages, signaling immediate strength.
MAs: Price is above the MA(7) at $91,003.04 and attempting to break the MA(25) at $92,377.79. The dominant bearish MA(99) remains far above at 107,278.13.
MACD (Key Signal): Extremely bullish cross confirmed!
DIF: -2,461.05
DEA: -3,670.03
Histogram: 1,208.98 (Strong positive expansion).
📈 Trade Setup: Long Bias Confirmation
The strong MACD flip supports a Long bias, provided the immediate resistance breaks.
🚀 Entry Zone (Long): Confirmed 1H close above the $95,000 resistance.
🎯 Target 1 (TP1): $100,000 (The psychological magnet).
🎯 Target 2 (TP2): $107,000 (Near the bearish MA(99)).
🛑 Stop-Loss (SL): Sustained close below $91,000 (The MA(7) support).
The immediate fate of BTC rests entirely on the $95,000 price point. A successful flip to support opens the door to six figures. Failure to break this level will likely result in a rejection back towards $91,000. Do not front-run the breakout.
💡 Tip
Confirmation is King! Wait for a decisive hourly candle close above $95,000 before initiating a long trade
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