Bitcoin’s daily chart is showing signs of strength as price pushes toward the key resistance zone at 99,860, now testing both horizontal resistance and the 50-day moving average. A decisive close above this level would be a bullish signal, potentially opening the door for a move toward the next major resistance at 106,099. However, rejection at this level could lead to another period of consolidation or even a retest of recent lows. Volume has picked up slightly, indicating growing interest, but a breakout would require stronger confirmation. The market remains in a pivotal zone, where bulls need to reclaim key levels to shift momentum in their favor.

Shares: