Bitcoin continues to dominate the market with remarkable momentum! Currently trading at $98,480, BTC has gained +4.61% in the last 24 hours, setting the stage for another explosive rally. Let's dive into the analysis and identify three key targets based on current trends.
๐ Market Insights
24H High: $98,988
24H Low: $94,111
Volume (24H): 69,056 BTC (~$6.72B USDT)
A steady uptrend indicates strong bullish sentiment as Bitcoin nears the psychological barrier of $100,000.
๐ฏ Targets to Watch
1๏ธโฃ $99,500 โ Immediate Resistance: A key level just below $100K. If breached, it could spark a parabolic move.
2๏ธโฃ $102,000 โ Psychological Breakthrough: The first target after surpassing $100K. Expect high volatility here.
3๏ธโฃ $105,800 โ Fibonacci Extension: A technical level aligning with macro resistance, signaling the next leg up for BTC.
๐ Support Levels
If Bitcoin faces a pullback, keep an eye on:
$96,000 โ First support zone for buyers to regroup.
$94,100 โ Strong base from the recent 24H low.
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