🚀 $BTC /USD: POTENTIAL FOR A BULLISH BREAKOUT – WATCH THE KEY LEVELS! ⚡
The $BTC /USD pair is currently trading at $96,994, hovering near significant support and resistance zones. Traders should keep a close eye on these levels, as a breakout could signal further bullish momentum.
📊 Trade Scenarios:
Entry Point: $96,994
Take Profit (TP 1): $99,500
Take Profit (TP 2): $102,000
Take Profit (TP 3): $105,000
Stop Loss (SL): $94,000
Support is at $94,000, while resistance is at $99,500. A break above $99,500 could pave the way for a move towards $102,000 and $105,000. However, a drop below $94,000 would signal a potential bearish correction.
📉 Market Outlook:
$BTC is currently testing critical support at $94,000. If it holds above this level, the potential for a move towards $99,500 and higher becomes likely. Keep an eye out for a breakout above $99,500 for further bullish confirmation. A dip below $94,000, however, could indicate a bearish retracement.
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