Bitcoin Builds Short-Term Strength $95,000 Is Now the Line in the Sand
Bitcoin is up nearly 2% in the last 24 hours, holding solid above $92,200. While the daily chart remains calm, the 4hour timeframe is starting to show signs of early strength.
And in short-term trading, those early shifts matter because they often decide the next big move.
Right now, all eyes are on $95,000, the key level that could determine whether Bitcoin continues its climb.
Momentum Building But With Caution
Bitcoin is close to confirming a bullish EMA crossover on the 4hour chart.
Here’s what that means:
The 50 EMA is pushing toward the 100 EMA
A crossover signals increasing buying pressure
It often appears just before a trend accelerates
The EMAs have tightened sharply just one push could clear the way to $95,700, a major resistance zone.
But there’s a catch…
The Bull Bear Power indicator has weakened.
If buyers hesitate again, the crossover might fail and the breakout gets delayed.
This is the main risk in the short term.
