$BTC
/USDT Technical Analysis: Eyeing Key Targets ๐ฏ
The king of crypto, Bitcoin, is currently trading at $95,583.21, showing a +2.08% increase in the last 24 hours. With strong momentum, hereโs what traders need to watch:
1st Target ๐ฏ: $96,000
The immediate resistance level. A breakout here could signal further bullish sentiment, attracting more buyers into the market.
2nd Target ๐ฏ: $98,000
A mid-term target. Breaking past this level would indicate a solid uptrend, potentially drawing attention from institutional investors.
3rd Target ๐ฏ: $100,000
A psychological barrier. If Bitcoin touches this mark, it could ignite market euphoria, leading to increased volume and heightened volatility.
Support Zone:
On the downside, keep an eye on the $92,800 level. A drop below this could signal a short-term pullback.
Trade cautiously and set your stop-loss levels wisely. The next few hours could be pivotal for BTC!