BTC/USDT Chart Analysis.

Bitcoin recently tested the previous trendline resistance (now acting as support) and bounced back.
The price briefly dropped into the green demand zone (support zone around $92,000-$95,000) but quickly recovered.

100-day MA (purple line): Provided strong support.
Holding this level is a bullish signal indicating buyers are coming forward.
BTC is now trading slightly above $97,000 and must stay above the trendline for a confirmed bullish reversal.

A close above $100,000 would strengthen the case for upward continuation.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 then $104,000 – $108,000 range.

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