🎯🚨$BTC /USDT Analysis🚨🎯

📊The current price of Bitcoin (BTC) is $96,947.11, showing a 1.68% increase in the past 24 hours. The 5-minute chart reveals a slight downward trend, with the price currently consolidating around the $96,900 level.

Short-Term Outlook:

📉 Short Entry: Consider a short position at $97,000 with a 🛑 stop-loss at $97,200.

🎯 Target: $96,500

Long-Term Outlook:

📈 Long Entry: Wait for a potential dip to the $96,500 level before entering a long position.

🛑 Stop-Loss: Set a stop-loss at $96,300.

🎯 Target: $97,500

⚠️Overall:

The market sentiment for Bitcoin remains cautiously optimistic. While the short-term trend is bearish, a potential dip to the $96,500 level could offer a good buying opportunity for long-term investors. Traders should closely monitor the market for any significant price movements and adjust their positions accordingly.

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