$BTC Bitcoin has been oscillating primarily between $88,000 and $92,000. This "holding pattern" suggests that the market is absorbing previous gains and awaiting a fresh catalyst for the next directional move.

Resistance: The immediate ceiling sits at $94,000 - $95,000. Sustained closes above this zone are required to confirm a push toward the psychological $100,000 milestone.

Support: Strong demand is evident near the $88,000 - $90,000 zone. Technical indicators, including the 50-day SMA (Simple Moving Average), currently act as dynamic support near $89,400.

Market Sentiment: The Relative Strength Index (RSI) is hovering near 51 (Neutral), indicating that Bitcoin is neither overbought nor oversold.

BTC

69,357.12

-1.38%

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