🚨 $BTC
C Trading Alert: Big Move Ahead! 🚨
Bitcoin ($BTC ) is trading at 95,167.71, down slightly by 0.29%, after reaching a 24-hour high of 97,208.21. The price shows signs of consolidation, with bulls attempting to defend key support levels while bears test the limits.
Key Levels to Watch
Resistance: 97,208.21 – A breakout above this level could propel BTC toward 99,588.01 and the critical psychological level of 101,287.60.
Support: 94,640.00 – If BTC drops below this, it may retrace to 88,823.97 or even test the 76,360.33 region.
Next Steps for Traders
Bullish Scenario:
Long entry if BTC breaks and sustains above 97,208.21, targeting 99,588.01, 101,287.60, and 105,000.00.
Stop Loss: 94,500.00 to limit downside risk.
Bearish Scenario:
Short entry if BTC falls below 94,640.00, aiming for 88,823.97 and 76,360.33.
Stop Loss: 96,000.00 to minimize losses.
Market Sentiment
With 35.6K BTC traded in the last 24 hours and increasing volume, the market is building momentum. A decisive breakout or breakdown will likely dictate the next trend.
⚠️ Caution: Bitcoin is at a critical zone; manage risk carefully and avoid over-leveraging.
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