$BTC $BTC

🚀 BTC/USDT Technical Analysis – Eyeing New Highs? 🔥

Bitcoin is currently trading at $97,392.02, maintaining its bullish momentum as it edges closer to the psychological $100,000 mark. The market sentiment remains strong, with buyers pushing prices to higher levels. However, profit-taking near key resistance zones may create temporary pullbacks.

🔑 Key Levels to Watch:

Resistance: $98,000 – A critical hurdle for Bitcoin. A breakout could set the stage for a rally toward $100,000 and beyond.

Support: $96,500 – The level to hold if bulls aim to maintain their dominance.

🎯 Entry Strategy:

Bullish Entry: Wait for a breakout above $98,000 with high volume and momentum. Target $100,000, with a stop-loss around $97,000.

Bearish Entry: If the price shows rejection at $98,000, consider shorting with a target of $96,500, keeping a tight stop-loss at $98,200.

Bitcoin’s next move will be pivotal – can it smash through resistance and make history, or will it face a temporary pause? Keep an eye on these key levels and trade wisely! 🚀

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