$BTC $BTC

BTC/USD Analysis: Nearing $100K – Trading at $98,091

Bitcoin (BTC) is trading at $98,091 against the USD, approaching the psychological $100,000 mark. Traders are closely watching this level for signs of either a breakout or a potential pullback. The next moves could be monumental for both bulls and bears.

Support and Resistance Levels:

Support: If BTC sees a pullback, strong support lies around $96,000. Buyers may step in here to defend the bullish trend.

Resistance: Breaking above $100,000 could ignite a new wave of buying, with potential targets at $105,000 and $110,000.

Entry Strategy:

Support Buyers: Consider entering around $96,000 if the price shows stabilization, targeting a recovery to higher levels.

Breakout Traders: Wait for a confirmed break above $100,000 to ride the momentum into uncharted territory.

At $98,091, BTC/USD is at a decisive point. Will it conquer $100K, or will a correction set in? Stay vigilant, follow your strategy, and be prepared for the next big move in Bitcoin’s journey!

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