🚨 Bitcoin Price Update: $98,353 – Breakout Imminent! 🚨
$BTC is hovering at $98,353, showing resilience despite minor retracements. As market momentum builds, Bitcoin is eyeing its next big move. Here’s what traders need to watch closely:
Key Levels to Watch
1️⃣ Immediate Resistance: $99,500 – Breaking this level could push $BTC toward psychological highs.
2️⃣ Mid-term Target: $100,000 – A critical milestone that could trigger widespread buying interest.
3️⃣ Bullish Breakout Target: $102,500 – Clearing this level would confirm a strong upward trend.
Support Zones to Monitor
First Support: $97,000 – A solid base to maintain bullish momentum.
Critical Support: $96,200 – A break below could lead to a deeper correction.
Market Insights
1️⃣ Volume Spike: With over $2.43B traded in 24 hours, BTC remains highly active.
2️⃣ Technical Indicators: BTC is trading above the MA(7) and MA(25), signaling potential upside.
3️⃣ Sentiment: As $BTC inches closer to $100K, traders are eagerly awaiting the next breakout.
Stay vigilant, set your targets, and manage risks effectively as Bitcoin gears up for a decisive move. The market is heating up—don’t miss out!