$BTC /USDT – Market Structure Check & Forward Outlook
Bitcoin is trading around 96,500, holding firmly above the key demand zone of 95,500–94,500. The recent bounce from the daily low shows buyers are active on dips, and volume remains healthy, suggesting accumulation rather than distribution. As long as BTC sustains above 95,000, the broader structure remains bullish with higher-low formation intact.
On the upside, immediate resistance lies at 97,900–98,000. A clean breakout and acceptance above this zone can open the path toward 100,000 and potentially 102,500 in extension. Failure to reclaim 98,000 may lead to short-term consolidation between 95,500–97,500, which would still be constructive for the trend. Overall bias remains bullish, with pullbacks favoring continuation rather than reversal.
$BTC
{spot}(BTCUSDT)