A decisive move above 94,000 confirms the continuation of Bitcoin’s bullish structure. However, as always, chasing price at elevated levels carries risk. BTC has now pulled back toward the 93,200 support zone, an area that could attract buyers. For aggressive traders, this pullback may offer an opportunity to initiate long positions, provided price action holds above support. If bullish momentum resumes, upside targets are projected around 95,000, followed by 97,300, with extended objectives near 102,100 and a potential cycle peak around 107,300. For conservative traders, patience remains key. A deeper retracement toward 91,700, aligning with the 78.6% Fibonacci level, would provide a higher-probability entry with improved risk management. Overall, the trend remains upward, but disciplined positioning and confirmation remain essential.
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A decisive move above 94,000 confirms the continuation of Bitcoin’s bullish structure. However, as always, chasing price at elevated levels carries risk. BTC has now pulled back toward the 93,200 support zone, an area that could attract buyers.
For aggressive traders, this pullback may offer an opportunity to initiate long positions, provided price action holds above support. If bullish momentum resumes, upside targets are projected around 95,000, followed by 97,300, with extended objectives near 102,100 and a potential cycle peak around 107,300.
For conservative traders, patience remains key. A deeper retracement toward 91,700, aligning with the 78.6% Fibonacci level, would provide a higher-probability entry with improved risk management.
Overall, the trend remains upward, but disciplined positioning and confirmation remain essential.