🚨 $BTC / USDT ALERT: Critical Levels Approaching! 🚨
Currently, $BTC is trading at 94,960, experiencing a slight dip of -0.89% as it consolidates after recent fluctuations. The market is at a crossroads—will it break out to new highs or face a decline?
Key Levels to Monitor:
Resistance: 96,500, 98,000, 100,000 – Watch for any push above these levels to confirm bullish momentum.
Support: 94,000, 92,000, 90,000 – A breakdown below these levels could signal further downside.
Trade Strategy:
Long Entry: Above 96,500, targeting 98,000 and 100,000.
Short Entry: Below 94,000, aiming for 92,000 and 90,000.
Stop Loss: Set at 95,000 for long positions and 95,500 for shorts.
Market Insight:
Bitcoin is currently in a consolidation phase, suggesting a possible breakout in either direction. Keep a close watch on trading volume and price action around these key levels for a clearer picture. Always manage your risk carefully!
