$BTC is encountering significant resistance. After a strong rebound from the 89.2K level, prices pushed up towards 97.8K. However, this 97.8K mark continues to act as a critical resistance point. ๐
A decisive break above 97.8K would open the path towards further upward movement. Potential targets include the 98Kโ99K range, with aspirations reaching the 100K milestone. ๐
Conversely, if price action falls below the 94K support level, there is an increased risk of a correction. This could see prices retracing towards the 90K mark. ๐
The key question remains: Will $BTC manage to break past the 97.8K resistance this time, or will we witness another rejection? Stay tuned for market developments. ๐
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