Bitcoin's market is at a critical juncture, with investors closely monitoring Federal Reserve Chair Jerome Powell's semi-annual monetary policy testimony before Congress today. The key question is whether Powell's insights will provide the momentum needed for Bitcoin to break through the significant resistance level at $98,500. A decisive move above this threshold could set the stage for a test of the $100,000 mark. Traders who initiated long positions last night have implemented break-even stop losses and plan to take partial profits at these resistance points. We'll delve into these strategies and more during our live broadcast tonight. Don't miss out on the latest market analysis and insights!