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📊 #bitcoin (BTC) 4H Chart Technical Analysis 🚀

Key Levels:

🛑 Support: $97,274

🚧 Resistance: $99,892

💡 Entry Points (Long):

1️⃣ Buy near Support ($97,274):
🔽 If the price approaches this support and shows a bullish reversal (e.g., candlestick patterns or increased buying volume), this could be a great entry point.

2️⃣ Breakout above Resistance ($99,892):
🚀 A confirmed breakout above this level, especially with strong volume, might signal a new uptrend.

3️⃣ Retest of Broken Resistance as Support:
🔄 After breaking $99,892, a successful retest of this level as support could offer another entry opportunity.

💰 Take Profit Levels:

1️⃣ First Target at $102,000:
💡 Secure partial profits here, as it may act as psychological resistance.

2️⃣ Second Target at $105,000:
🎯 This is a strong resistance level where additional profits can be taken.

3️⃣ Third Target at $110,000:
🚀 Aiming for this level indicates a strong bullish trend—consider locking in further profits here.

⚠️ Stop-Loss:

⛔ Below Support ($97,000):
Place a stop-loss just below support to manage risk effectively.

🔍 Additional Tips:

🔧 Use indicators like RSI and MACD to confirm momentum and identify potential trend reversals.
🌐 Keep an eye on market sentiment and news that could impact Bitcoin's price.

💹 Note: The crypto market is highly volatile. Trade responsibly and always manage your risk. Good luck! 🍀

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