🚀 Bitcoin Eyes $100K: $BTC Holds $96,600 Amid Institutional & Regulatory Moves
Bitcoin (BTC/USD) is consolidating above $96,600, showing controlled bullish momentum. Technical signals indicate a bullish flag pattern, with potential to push toward $100,000 if resistance breaks.
📊 Key Highlights:
• Support: $95,200–$95,700
• Resistance: $97,600 → $98,800 → $100K
• Institutional inflows and ETFs favor BTC dominance
• Rhode Island reintroduces Bitcoin tax exemption bill, boosting real-world adoption
• Momentum remains healthy: RSI in 55–60 zone, higher lows forming above 50-EMA
⚡ Market Insight: Accumulation phase + pro-Bitcoin legislation could fuel the next BTC breakout, while high leverage trading ahead of US policy events adds short-term volatility.
“Real tips. No hype. Trade smart”
#MarketRebound #BTC #BTC100kNext? #BTCVSGOLD #Write2Earn
