๐ $BTC /USDT Technical Analysis: Bullish Momentum Continues ๐ฏ
Bitcoin is holding strong above key support levels, showing a solid +5.80% increase in the past 24 hours. As BTC continues its upward momentum, traders should focus on critical price levels to plan their next moves.
๐ Current Price: $98,688.18
๐ฅ 24h High: $99,030.72
๐ฝ 24h Low: $92,520.00
Key Targets to Watch:
1. Target 1 - $99,000:
Bitcoin is approaching this major resistance level. A successful breakout above this price could lead to further bullish action towards new highs.
2. Target 2 - $99,500:
A key psychological resistance. If BTC surpasses $99,500, expect a continuation of the bullish trend, potentially targeting the $100k mark.
3. Target 3 - $100,000:
The ultimate milestone for Bitcoin. If Bitcoin manages to break $99,500 with strong volume, the $100,000 mark will likely be tested, marking a historic level for the market.
Whatโs Next?
Bitcoin has shown resilience, with the 24h volume at 2.46B USDT. Watch for potential pullbacks towards $92,520 for buying opportunities. Bulls need to maintain volume above $98,688 for a smooth continuation to the upside.
๐ Stay Updated and Trade Smart
Keep an eye on these critical levels as Bitcoin approaches key milestones. Happy trading and donโt miss the ride! ๐
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