Bitcoin has perfectly followed the path we made for it! Some consolidation above the $89,500 support and pump above the $94,500 resistance!
Happened even earlier than expected.
For now it is important to take hold above the $94,100 level (ideally above $94,500) and we are ready to flight towards $99,000 - $101,000 where the next resistance is located.
$BTC has finally broken through the $95,000 resistance level and is now trading above it. This is a positive sign, and the market is reacting favourably following the release of inflation data. If the price remains above $95,000, we can expect a significant upward movement toward the $97,000 to $98,000 range.
đ§ Update: The XAU/SPX chart has broken above the Cup & Handle resistance, retested it, and is now bouncing strongly. đ The metals rally is not over yet. Gold ($XAU), Silver ($XAG), Platinum ($XPT), Palladium ($XPD), and others still have room to move up. đ We could see +15% to +30% gains across these metals in the coming period.