After spending a few days near the $95,000 resistance, #BTC has successfully broken out of its sideways range and may now target the key resistance zone of $98,000–$100,000. However, there is a possibility that BTC could first retest the support level, which was previously the $95,000 resistance. If this level holds, the setup could remain valid for reaching the key resistance.

On the other hand, if BTC breaks below this support in a fakeout, it could be a bearish signal, indicating the loss of bullish momentum and potentially leading to a correction.

BTC has not yet tested the post-breakout zone above the $88,000 resistance. If a fakeout occurs, BTC might drop to $90,000–$88,000 to form a healthy correction and establish a higher low before continuing its upward trend.