$BTC 💯💫💰🔥🔥🔥🔥
/USDT Technical Analysis – December 1, 2024
Bitcoin is showing bullish momentum, currently trading at $97,700. Here’s a breakdown of potential targets to watch:
🎯 Target 1: $98,200 (Short-Term Resistance)
BTC is testing a key resistance level at $98,200. Breaking above this could trigger a quick surge, attracting more short-term buyers.
🎯 Target 2: $99,500 (Psychological Level)
If BTC clears the $98,200 mark, the next stop is $99,500. This level has previously acted as a consolidation zone, and breaching it may signal stronger bullish sentiment.
🎯 Target 3: $101,000 (Major Resistance)
A breakout above $100,000 would open the door to $101,000, a major resistance level. This could set the stage for a larger rally, fueled by increased institutional interest.
Key Support Level: $95,700
A drop below this level may signal a trend reversal, inviting bears back into the market.
Trade Wisely: Always set stop-loss orders and monitor market news to stay ahead of sudden moves.
What’s your target for BTC this week? Let us know in the comments below!