Bitcoin price analysis (Neutral) — 95296.66 USDT (-0.54% 24h)

Bitcoin is consolidating around the $95,300 level after a minor 24-hour pullback of 0.54%. The current price sits comfortably above the 20-day SMA ($94,765) but faces resistance near the 50-day SMA ($95,459), creating a technical battleground. With an RSI of 60.26, BTC remains in healthy territory, neither overbought nor oversold, suggesting room for movement in either direction. The 24-hour trading volume of $2.64 billion indicates sustained institutional interest, while a volatility reading of 2.55% points to relatively stable conditions for this asset. For traders, this presents a classic range-bound scenario. Consider accumulating on dips toward the $94,700 support level with tight stops. A decisive break above the 50-day SMA could trigger momentum toward $97,000, while failure to hold $94,500 may see a test of $93,000. Position sizing remains crucial in this technical environment.