$BTC /USDT: Nearing $100K – Momentum at its Peak
Bitcoin is on the verge of a major milestone, trading at $98,000 after gaining 4.93% in the past 24 hours. This rally has seen the price rise from a low of $92,520 to its current 24-hour high, highlighting strong bullish momentum. A break above $98,200 could pave the way for Bitcoin to reach the significant $100,000 psychological mark, making it a key level to monitor.
On the downside, support is found at $96,600, offering potential buying opportunities during any retracement. With increasing trading volume and growing market interest, Bitcoin is positioned for a potentially historic move. Traders should approach this market with decisiveness while adhering to strict risk management strategies.