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100k

Bitcoin Breaks Out: Eyes Set on $95K, Path Open to $100KBitcoin has broken out of a well-defined H4 consolidation zone, signaling the end of a multi-week range and the beginning of a potential impulsive move. The breakout above the 87,000 region hints at bullish momentum building up, targeting the next key resistance around 95,396, which aligns closely with the marked horizontal resistance at 95,229. This level serves as the immediate upside target. If price hits this zone, a minor pullback could be expected before attempting a further leg up — possibly heading towards the psychological milestone of 100K. The level at 90,040 will act as an intermediate support, and holding above it could provide the foundation for this extended rally. Price structure suggests a rally–pullback–continuation setup, ideal for both breakout traders and swing players.
BITSTAMP:BTCUSDLong
by sparkrlight
Updated
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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