🚀 Bitcoin Shows Short-Term Strength — Eyes on $95,000
Bitcoin is holding firmly above $92,200, and the 4H chart is finally showing momentum building. The 50-EMA is close to crossing above the 100-EMA, a signal that often marks early trend reversals. If this crossover confirms, BTC could get a clearer path toward the key level at $95,700.
However, short-term indicators like Bull Bear Power remain weak — meaning bulls must hold the line for this move to complete.
A positive sign? Dormancy is rising. Spent coins have dropped nearly 50%, a pattern that previously aligned with Bitcoin rebounds. When older coins stay inactive, selling pressure falls — and that often boosts price action.
📌 Key Levels to Watch:
• Resistance: $93,300 → $94,300 → $95,700
• Support: $90,800, then $89,300
If buyers maintain strength and the EMA crossover completes, Bitcoin might finally challenge $95K — and potentially open the door toward $100K next.
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