Weekly Bitcoin Review: Breaking the 94,800 Key Resistance Level Will Reclaim 100,000

This week, Bitcoin initially surged to around 94,700, then retraced to a low of about 89,200. Compared to previous points, the lows are gradually rising.

From the weekly candlestick chart, it can be seen that it is breaking upward step by step, but it has been repeatedly blocked at the 94,800 level. Once it breaks through, it will advance toward 100,000!

You can go long around 89,200, add once at 88,200, cut losses at 87,400, with targets sequentially at 94,800 and 100,000.