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Bitcoin Price Update: Is a Breakout Coming Soon?

Current Price: $95,132

24-Hour Change: -0.03%

Market Cap: $1.89 Trillion

Market Dominance: 63.15%

Sentiment: Bullish

Fear & Greed Index: 56 (Greed)

Overview

Bitcoin is showing strength and stability. It’s now trading just below a key resistance level of $95,538. This level has acted like a ceiling, if Bitcoin breaks above it, we could see a strong move up.

The trading volume is high ($37.56 billion in the last 24 hours), and Bitcoin is still leading the crypto market with over 63% dominance.

Possible Upside Targets

If Bitcoin breaks above $95,538 with strong buying power, these are the next targets:

  • $98,000 – minor resistance

  • $100,000 – big psychological level

  • $105,000–$109,000 – near the all-time high

A breakout needs strong momentum and a daily candle close above $95.5K.

Support Levels to Watch

If Bitcoin doesn’t break above the resistance, we could see a pullback. Here are the important support zones:

  • $91,000 – short-term support

  • $88,500 – strong historical level

  • $82,000 – major demand zone

These levels are good to watch for possible bounce or buying opportunities.

What This Means

  • Bitcoin is in a bullish trend, but it’s at a critical point.

  • A breakout can lead to a new rally, while a rejection may cause a small correction.

  • The overall market sentiment is positive, and Bitcoin's supply growth is very low (only 0.84% per year), which supports long-term growth.

Conclusion

Bitcoin is close to an important breakout zone.
If $95.5K breaks, $100K could be next.
If not, expect short-term dips before the next move up.

Stay alert and follow the levels closely.

Join my Telegram channel for daily trading signals!

👉 Link:  https://t.me/bwtinternational


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