BTC Price Surges to $91,863 Amid Bullish Market Sentiment: Key Support and Resistance Levels Explained

On March 3rd, COINOTAG reported insights from Bitunix analysts highlighting former President Donald Trump’s recent mention of a diverse cryptocurrency reserve plan involving BTC, ETH, XRP, SOL, and ADA. Currently, the price of Bitcoin (BTC) stands at $91,863, reflecting a substantial increase of 8.11% or $6,959 from the previous day. The market observed a daily high of $94,994 and dipped to a low of $84,996, suggesting a prevailing bullish sentiment among investors. Traders are advised to closely monitor key support and resistance levels: the support level is positioned between $84,000 and $85,000, where liquidation activities indicate significant backing, while the resistance level of $95,000 has emerged as a critical barrier following the recent price surge.