Bitcoin: Road Clears to $98K-$100K
Bitcoin at $86132.45 eyes $98K-$100K as EMA50 holds at $80978.69 and MACD confirms bullish momentum on 4h chart.
SourceAnalysis
Bitcoin holds a clear path to $98K-$100K according to trader Omkar Godbole.
Price sits at $86132.45 inside the Bollinger Bands with upper resistance at $87927.83. The 4h structure shows EMA50 at $80978.69 and EMA200 at $76335.94 acting as layered support while MACD registers a golden cross at 1903.97. RSI at 75.8 flags overbought conditions, suggesting a probable retracement to the 50-EMA before the next leg higher in this BTC price prediction cycle.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.
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