Bitcoin Edges Closer to $90,000 Key Level Amid Bullish Push

BTCUSD Analysis – Bitcoin Price Presses Higher

Bitcoin edges closer to $90,000 key level amid bullish push. Bitcoin is moving towards the $90,000 market zone, with buyers battling bearish pressure to sustain an upward trend.

BTCUSD Key Levels:

Support: $77,960, $85,000
Resistance: $90,000, $100,000

Bitcoin fell to $77,960 before the month began, triggering a strong bullish push that briefly surpassed the $90,000 mark. However, mid-month corrections pulled BTCUSD back down to $77,960, testing support before a renewed bullish rebound.

The Momentum indicator remains above the 0.00 level, signaling ongoing buying pressure. The RSI (Relative Strength Index) shows bullish activity, but buyers are still facing resistance.

If Bitcoin sustains bullish momentum, it may attempt a break beyond $90,000, targeting the psychological $100,000 level. Traders should watch for a breakout above $90,000, as sustained momentum could push BTCUSD toward the $100,000 key level.

BTCUSD Short-Term Trend: Gradual Bullish Momentum (4-Hour Chart)

On the lower time frame, Bitcoin maintains an upward trend, despite: Buyers facing resistance near the $90,000 zone.

Gradual price recovery, with the Momentum indicator leading in the market. The bulls are regaining strength, and if Bitcoin breaks $90,000 with strong volume, the next target would be $100,000.

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