Bitcoin Buyers Push Toward $100,000 Key Level

Bitcoin (BTCUSD) Continues with Modest Gains

Bitcoin is making modest gains as buyers drive the price upward from $91,000 toward the psychological $100,000 level. This week’s bullish market sentiment indicates a sustained upward trajectory, with buyers displaying resilience after last week’s dip from $102,720.

Bitcoin Key Levels

Resistance Levels: $100,000, $102,720
Support Levels: $91,000, $95,000
BTCUSD has maintained a positive trend, with buyers consistently pushing the price higher. The market is closely watching the $102,720 resistance level as a critical target for continued growth.

The Stochastic Oscillator highlights strong bullish momentum, signaling steady buyer strength. The MACD (Moving Average Convergence and Divergence) remains near the midline, suggesting further potential for growth as momentum builds.

If buyers sustain their current pace, Bitcoin could break through the $100,000 resistance level, setting the stage for a test of $102,720. A successful breakout at this level would confirm bullish dominance, opening the door for additional price expansion. However, failure to surpass $100,000 could result in minor pullbacks, with $95,000 serving as a key support level for buyers to regroup.

Market Expectation

In the shorter time frame, buyers remain active, with the Stochastic Oscillator continuing to reflect strong buy pressure. The MACD is gradually rising, indicating growing momentum in favor of the bulls.
If the bullish momentum continues, Bitcoin could target $98,000 in the medium term, with further gains potentially pushing the price toward $100,000. If momentum falters, temporary consolidation near $96,000 may occur before the next move. Crypto signals suggest these trends could influence short-term market actions.

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