🚨 $BTC /USDT Market Update: Testing Key Levels! 🚨

Bitcoin is navigating a volatile session, currently trading at $97,705.84, down -3.80% on the day. With end-of-year movements creating waves in the market, let’s break down the key dynamics driving the action.

🔍 Price Action Overview:

📉 24H Low: $95,700 – A critical support level to watch.

📈 24H High: $102,800 – Resistance that bulls need to conquer.

📊 Current Price: $97,705.84 – Hovering in a critical consolidation range.

🔥 Market Sentiment:

Profit-Taking in Action: The year-end pressure is shaking out weak hands, but volume remains strong with $5.58B traded in USDT.

Institutional Interest: Despite the dip, long-term optimism remains intact.

💡 Key Levels to Watch:

1️⃣ Support Zone: $96,000 – Must hold to prevent further downside.

2️⃣ Resistance Zone: $98,200 – A breakout here could reignite bullish momentum.

🔑 Next Moves:

✅ Short-Term Target: Look for a push back to $100,000 if $98,200 is reclaimed.

✅ Bearish Scenario: A dip below $95,000 could see $93,000 as the next support zone.

🔑 Trading Tips:

Stay disciplined—use tight stop-losses in this volatile environment.

Long-term holders can accumulate near $96,000 for potential upside in 2025.

Short-term traders should look for breakout confirmation above $98,200.

Are you bullish or bearish on BTC? Drop your targets and strategies below! 🚀

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