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BTC/USDT Technical Breakdown 📊
The price has successfully broken through the $92,777 resistance level and is now testing the $95,000 supply zone—a critical area with substantial selling pressure. This price point is proving to be a strong resistance.
Right now, Bitcoin is encountering rejection at these levels. However, if BTC manages a clean breakout above $95,000, it would signal a continuation of the bullish trend. The next major target comes into focus: the $99,500 resistance level.
Keep an eye on how price action unfolds at this supply zone. A decisive close above $95,000 could open the door to further upside moves.