$BTC $BTC

BTC/USD Analysis - Dec 2, 2024: Bullish Momentum with Key Support and Resistance Levels

Bitcoin (BTC) is currently trading at an impressive $95,201.47, holding strong in a volatile market. As the crypto space continues to attract attention, Bitcoin's price action is navigating crucial levels.

Support: The $93,000 zone serves as solid support. A dip below this could signal a deeper pullback, with the $90,000 mark in sight.

Resistance: On the upside, $98,000 is a critical resistance point. A breakout above this could lead to an explosive push toward the coveted $100,000 level.

Entry Strategy: Traders looking for an entry point could consider buying near the $93,000 support if price holds. Alternatively, wait for a clean breakout above $98,000 for a confirmation of bullish momentum.

Bitcoin remains a high-risk, high-reward asset with the potential for both impressive gains and sharp reversals. Keep your eyes on these key levels and stay prepared for rapid price action in the days ahead.

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