🚨 $BTC Alert: Will Bitcoin Break Past $96K? 🎯

Bitcoin ($BTC ) is trading at $95,822, with a slight decline of 0.21%. As it hovers near a critical range, traders are closely watching its next move. Let’s break down the key levels to watch:

Key Levels to Monitor

1️⃣ Immediate Resistance: $96,614 – A breakout above this level could spark a new bullish wave, targeting higher highs.

2️⃣ Target 2: $98,000 – If momentum builds, this psychological level could act as the next checkpoint for $BTC .

3️⃣ Target 3: $100,000 – A rally to six figures would mark a historic milestone for Bitcoin, attracting more traders and investors.

Support Zone

Critical Support: $95,224 – A drop below this could trigger a retest of $93,578, which serves as the 24-hour low and a vital safety net for bulls.

Market Insights

Bitcoin’s current price action reflects cautious optimism. The 24-hour high of $96,614 signals strong upward pressure, but the bulls must overcome selling resistance to push higher. Meanwhile, the market volume remains robust, indicating active participation.

Trading Strategy

💡 For Bulls: Look for a decisive break above $96,614, with targets at $98,000 and $100,000.

⚠️ For Bears: Watch for rejections near $96,614, signaling a potential pullback to $95,224 or lower.

🔒 Risk Management: Tighten stop-loss levels to mitigate volatility risks in case of sudden reversals.

Final Thoughts

Bitcoin is at a critical juncture. Whether it breaks out toward $100,000 or consolidates further, the coming hours are crucial. Traders should stay alert for volume spikes and trend confirmations to seize opportunities in this volatile market.

What’s your next move with BTC? Stay tuned for updates and trade smartly!

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