The Bitcoin market is experiencing strong anticipation after the price fluctuated between $88,000 and $92,000 in recent days. Despite the selling pressure that appears at certain times, market indicators still maintain a generally upward trend, especially in the medium term.
Below is a brief analysis based on current price levels, along with three potential scenarios that may help traders and beginners understand the picture more clearly.
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🔹 Current situation of Bitcoin
Bitcoin is currently trading near the 91,400 dollar level — a sensitive area that forms a balance point between buyers and sellers.
Technical indicators show the following:
The price is still close to the EMA-20 moving average → a medium bullish indicator.
The strongest support currently is at 88,000 dollars.
The nearest resistance is at 100,000 dollars — a significant psychological level in the market.
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🔻 Scenario one: Strong rise (bullish)
Conditions:
Price remains above the 90,000 dollar area
A clear breakout of the 100,000 dollar level with a daily close
Potential goals:
First target: 100,000 dollars
Second target: 105,000 dollars
Third target (in case of strong momentum): 112,000 dollars
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