Brent Oil currently trading at $93.81, up 4.03% after a clean break above the $87.83 resistance zone.
Price is pushed through the previous range and is now holding above the breakout level. The move shows strong buying momentum, with the next resistance sitting at $94.49 and $99.10.
If buyers hold above $93.81 and continue higher, the path toward $94.49 and potentially $99.10 opens up.
Bitcoin is currently consolidating around $78K after rejecting from the $81,478 area.
The 4H structure is still range-bound, so the next move depends on which side breaks first.
Bullish scenario: A reclaim of $79,500–$80,000 could bring $81,480 back into focus. A clean breakout above $81,480 would strengthen the bullish continuation setup.
Bearish scenario: Failure to reclaim $79.5K and a breakdown below $77,500 could send BTC toward $74,300.
For now, BTC is at a decision point. I’d rather wait for confirmation than chase inside the range.
The next breakout could define the next major move. 🎯