$BTC
BTC/USD Market Update: Priced at $95,359
Bitcoin is currently trading at $95,359, approaching significant levels that could spark the next phase of its upward journey. The price has shown remarkable strength, and the current support lies around $95,000. If this level holds, we might see a continuation of the rally toward $100,000.
Resistance: The key resistance level is at $100,000, which has previously been a strong psychological barrier. A breakout above this could propel Bitcoin towards its next major target at $105,000.
Support: Watch the $95,000 level closely. A solid hold here could see BTC/USD gaining more ground. However, a break below this level may open the door for a correction back toward $90,000.
Entry Strategy:
Bullish Scenario: Consider entering long if $95,000 holds as support, targeting $100,000 or higher.
Bearish Scenario: If the support breaks, look for short opportunities with targets around $90,000.
Watch these key levels for strategic entries and exits in this volatile market!
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