$BTC Breaks Resistance – Is 98K Next? 🚀
Bitcoin is maintaining a strong upward structure on the weekly chart. This week’s candle is likely to close green, holding firmly above 91K. The medium-term bullish momentum remains intact, with a potential target around 96K–98K by late January or early February.
However, the 96K–98K zone is a critical area, both structurally and psychologically. A lack of sustained buying pressure upon reaching this level could trigger a distribution phase and a deeper correction, potentially down to 54K.
Overall, the current trend is bullish, but pay close attention to price action as $BTC approaches 96K–98K. This could be a pivotal turning point. 📈
#Bitcoin #BTC #CryptoAnalysis #MarketUpdate 🎯

BTCUSDT
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87,966.8
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