🚀 $BTC /USD: KEY LEVELS IN FOCUS – WATCH FOR A POTENTIAL BREAKOUT! ⚡
The $BTC /USD pair is currently trading at $98,507, holding near significant support and resistance zones. This consolidation phase is critical, as it could lead to a breakout and a substantial price movement.
📊 Trade Scenarios:
Entry Point: $98,507
Take Profit (TP) 1: $100,000
Take Profit (TP) 2: $102,500
Take Profit (TP) 3: $105,000
Stop Loss (SL): $96,500
Support is found at $96,500, while resistance lies at $100,000. A breakout above $100,000 could drive the price toward $102,500 and $105,000. A drop below $96,500 may indicate a bearish retracement.
📉 Market Outlook:
BTC/USD is testing support at $96,500. If the price holds above this level, we could see a potential move toward $100,000 and higher targets. A break below $96,500 could signal further downside.
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