Bitcoin is trending toward a bullish pattern, with current resistance at 95K and support at 94K. Traders should monitor candle activity for further market insights.

The analysis indicates that Bitcoin is likely to form a triangular pattern, suggesting a potential bullish movement. Currently, Bitcoin’s price is approaching a robust resistance level at 95K. If the price retraces from this level, the next significant support can be identified at 94K, after which an upward movement is anticipated.

In summary, it is crucial to monitor Bitcoin’s price movements around the identified resistance and support levels. The primary resistance is observed at 95K, with strong support at 94K. Investors should watch for candle formations to gain further insights into market behavior.

Original Source: www.binance.com

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