🚨$BTC /USDT Technical Analysis🚨

📊The current price of Bitcoin is $96,337.19, down 1.32% in the last 24 hours. The 24-hour high was $98,564.00, and the 24-hour low was $95,734.77. The 24-hour trading volume was 29,014.39 BTC and 2.83 billion USDT.

📉Short-term Analysis

🔸 Long Entry: $96,500📈

🔸 Stop Loss: $95,000🛑

🔸 Take Profit: $98,000🎯

The price is currently in a bearish trend, but there is potential for a short-term bounce to the 24-hour high. If the price breaks above $96,500, it could signal a bullish reversal. However, a break below $95,000 would confirm the bearish trend.

📈Long-term Analysis

🔸 Long Entry: $95,000📈

🔸 Stop Loss: $90,000🛑

🔸 Take Profit: $100,000🎯

The long-term trend for Bitcoin remains bullish. The price has been consolidating in a range between $90,000 and $100,000 for the past few weeks. A break above $100,000 would signal a new bull market. However, a break below $90,000 would invalidate the

bullish outlook.

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