$BTC Bitcoin Builds Short-Term Strength — US$95,000

The first obstacle on the short-term Bitcoin price chart is at US$93,300. Bitcoin has not closed a 4-hour candle above this level since December 9. If it manages to break through, the path to US$94,300 could open up.

If the EMA crossover completes and momentum remains strong, US$95,700 could be reached. This is the boundary that determines whether Bitcoin can target the areas mentioned by analysts.

Bitcoin Price Analysis

Bitcoin Price Analysis | Source: TradingView

Support is at US$90,800. If the price falls below that, US$89,300 will be back in sight and the effort to break through US$95,000 will be delayed.

Currently, Bitcoin has three supporting factors: potential EMA crossover, decreasing coin usage activity, and price pressing against resistance. If buyers can maintain support and the metric trend continues, Bitcoin could finally test US$95,000 (specifically US$95,700).

#Binanceholdermmt #ETHBreaksATH #BinanceHODLerMorpho $COTI $CATI