🚨 $BTC /USDT Analysis: Eyeing New Heights – A Strong Recovery in Play 🚨

Bitcoin is currently trading at $98,410.27, marking a solid 1.50% intraday gain. After rebounding sharply from a low of $92,232.54, BTC is nearing its 24-hour high, highlighting strong bullish momentum.

Key Levels to Watch:

Support: $97,600 – Critical for maintaining upward pressure.

Resistance: $98,500 – A breakout here could pave the way for further gains and push BTC to new heights.

Trade Setup:

Entry Point: Around $98,400

Target Levels:

$99,000 (short-term)

$100,000 (key psychological milestone)

Risk Management:

Stop-Loss: $96,800 – To limit downside risks.

As Bitcoin edges closer to the $100,000 milestone, a breakout could spark significant buying interest. Keep a close eye on trading volumes to confirm sustained bullish momentum.