Bitcoin maintains cautiously bullish outlook after touching marked resistance level and retracing. Break above resistance likely to spur further growth. Downward volatility marked by poor economic data; bullish participants hoping for rate cut to push prices north of $100K. BTC needs upper parallel channel breakout for price momentum. Sustained weakness from sketchy market liquidity.
Key Levels: Support at $85,083 | Resistance at $94,608
Investor Takeaway: RSI and MACD show neutral markets with slight selling pressures; resistance test without breakout signals need for today’s Fed catalyst to unlock $100K trajectory.
