The $BTC /USDT pair is currently in a strong uptrend, with the price surging over 1.38% in the past 24 hours. The chart is displaying a clear bullish momentum, with higher highs and higher lows. The current price is trading above all key moving averages, indicating strong bullish momentum.

Key Support and Resistance Levels

Strong Support: $73,488.00 (recent swing low)

Immediate Support: $82,758.24 (24-hour low)

Immediate Resistance: $89,940.00 (24-hour high)

Strong Resistance: $91,654.49 (Bollinger Band Upper)

Entry Signal

A potential entry signal could be a pullback to the $82,758.24 support level. If the price finds p

support at this level and bounces back, it could be a good opportunity to enter a long position with a stop-loss below the recent swing low.

Trading Strategy

Long Position: Buy BTC/USDT near $82,758.24 with a stop-loss below $73,488.00 and a take-profit target of $91,654.49.

Disclaimer

This analysis is for informational purposes only and should not be considered financial advice. It's essential to conduct your own research or consult with a financial advisor before making any investment decisions.#WillBTCBreak100KSoon to#cryptomarketcapATH #BTCBreaks89k #Devcon2024 #Write2Earn!