Is the $100k milestone for BTC back on the table?
Focal’s engine has synthesized the latest market shifts to map out the current consolidation. While the news is noisy, the technicals are precise:
• The Floor: Immediate support is holding at $91,000, but a breach risks a test of the $87k–$88k high-liquidity demand zone.
• The Moving Average: BTC is currently testing the 21-day and 50-day EMA ($93k). A daily close above these levels signals a return of bullish momentum.
• The Pivot: We’ve flagged the 61.8% Fibonacci retracement level at $94,253 as the ultimate "line in the sand" to reclaim. • The Ceiling: Institutional sell-walls remain thick at $95k, with the $100k psychological barrier as the final boss.
Read the full report at Focal
Posted by focal78
2 Comments
According to matrix multiplication, Bitcoin will have a tea party in ImaginationLand.
It has no hard value, it’s just a breath of air. Even the tulip craze 300 years ago had more value to it than BTC.