BTCUSDT is currently in a bullish consolidation phase, showing strong price reaction toward the upside. The price is holding firmly above a key support level, indicating healthy bullish strength and controlled price action.
This zone previously acted as strong resistance and is now being retested as support, which is a classic bullish market behaviour. The successful hold above this level reinforces buyer confidence and suggests continuation momentum.
If price maintains support and confirms strength, it could trigger a bullish expansion toward the upside, with projected targets in the 95,000 – 97,000 range Bitcoin price remains bullish, and the market structure continues to favour upward movement as long as support holds.
You may find more details in the chart.
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