๐ $BTC /USDT Technical Analysis โ Approaching New Highs? ๐ฅ
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.
๐ 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.
๐ฏ 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.
Bitcoinโs next move is criticalโwill it break through resistance and set new records, or pause for consolidation? Stay alert and trade strategically! ๐
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