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BTC recently closed above the $94K resistance—a level it hasn't breached in the last 2 months. This marks a notable shift in price action.
Here's what traders are watching: the next critical barrier sits at the 200-day EMA, clustering around the $100K psychological level. Whether BTC can sustain above $94K and continue pushing toward that EMA will likely shape short-term momentum.
The setup has traders paying close attention to how price interacts with these key levels in the sessions ahead.