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

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

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.