$BTC is currently consolidating around the ~$95,000 level, showing calm after recent volatility — the crypto market cap is stable near $3.22 trillion and BTC price steadies near this key level. �
This consolidation shows that buyers and sellers are in balance, with price holding strong above major support.
The Economic Times
📊 Bullish Signals
✅ Recent bullish sessions returned BTC upward momentum, hinting at strength building. �
✅ Strong ETF inflows (~$1.68B) from institutional buyers have increased demand and supported price moves upward. �
These suggest potential continuation of upward movement, especially if the price breaks above resistance levels.
Forex
Brave New Coin
⚠️ Key Resistance & Risk Levels
🚧 BTC is facing resistance near $97,000–$100,000 — a break above this could signal renewed bullish price action. �
📉 Macroeconomic uncertainty and regulatory policy outcomes (like Fed decisions) still influence short-term price moves. �
Brave New Coin
CoinGape
📈 Analyst Forecasts
Analysts are mixed:
Some see BTC testing new highs (potential move toward $100k+). �
FastBull
Others warn of possible downside or volatility if support breaks or demand weakens. �
IG
🧠 What Traders Are Watching
📌 Support Levels: $90,000–$92,000
📌 Resistance Levels: $97,000–$100,000
📌 Trend Signal: Consolidation — could resume bullish trend if breakout happens
Summary:
Bitcoin is consolidating around ~$95k with bullish signs from ETF demand — but needs a clear breakout above resistance for a strong upward trend. If support breaks, short-term pullbacks are possible. Always watch key support/resistance and macro signals. �
The Economic Times +1
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