๐Ÿš€ $BTC /USDT Technical Analysis โ€“ Approaching New Highs? ๐Ÿ”ฅ

Bitcoin is trading at $99,297.00, maintaining strong bullish momentum as it edges closer to the key psychological milestone of $100,000. Market sentiment remains positive, with buyers driving the price upward, though resistance levels may trigger temporary pullbacks.

๐Ÿ”‘ Key Levels to Watch:

Resistance: $98,000 โ€“ A crucial barrier for Bitcoin. Breaking through could pave the way for a rally toward $100,000 and beyond.

Support: $96,500 โ€“ A vital level to sustain bullish control.

๐ŸŽฏ Entry Strategies:

Bullish Setup: Look for a breakout above $98,000 with strong volume and momentum. Target $100,000, with a stop-loss near $97,000.

Bearish Setup: If rejection occurs at $98,000, consider a short position targeting $96,500, using a stop-loss at $98,200.

Bitcoinโ€™s next move is criticalโ€”will it break through resistance and set new records, or pause for consolidation? Stay alert and trade strategically! ๐Ÿš€

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