Bitcoin price analysis (Neutral) — 96121.27 USDT (-1.47% 24h)

Bitcoin is consolidating around the $96,121 level after a modest 1.47% pullback over the past 24 hours. The current price action shows BTC trading slightly above its 20-day SMA ($95,762) but remains below the 50-day SMA ($98,255), indicating near-term support but facing resistance at higher levels. The RSI reading of 52 suggests neutral momentum with room for movement in either direction. Trading volume remains robust at $3.73 billion, supporting current price levels, while volatility sits at a manageable 2.53%. For traders, the key levels to watch are the 20-day SMA as immediate support and the 50-day SMA as the next resistance. A break above $98,300 could signal renewed bullish momentum, while failure to hold $95,700 may trigger further downside toward $92,000. Position sizing should remain conservative given the current indecision in price action.