🚨 $BTC BTC/USDT Tests Key Support: Will $96,000 Hold? 🚀
💰 Current Price: $96,337.99 (-2.50%)
📉 24H Low: $95,199.14
📈 24H High: $99,167.12
Bitcoin (BTC) has faced significant selling pressure, retreating from $99,167 to test the critical $96,000 support zone. Traders are closely watching if BTC can hold this level or if further downside is on the horizon.
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🔎 Key Levels to Watch
1️⃣ Support:
$95,000 – A crucial level to maintain bullish momentum.
$93,000 – Strong secondary support in case of further pullback.
2️⃣ Resistance:
$97,000–$98,000 – Immediate resistance zone.
$100,000 – The psychological barrier BTC needs to reclaim for a bullish reversal.
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📊 Market Sentiment & Trading Strategies
Bullish Outlook:
BTC holding $96,000 could spark a rebound toward $98,000 and beyond.
A breakout above $100,000 could signal renewed bullish momentum.
Bearish Risks:
A break below $95,000 might lead to a deeper correction toward $93,000, providing opportunities for short positions.
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💡 Trading Tip
📈 Long Entry:
Enter near $96,000, targeting $98,000–$100,000, with a stop-loss below $95,000.
📉 Short Entry:
Look for positions below $95,000, targeting $93,000, with stops above $96,500.
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📢 Will BTC reclaim $100,000, or is a deeper correction coming? Share your thoughts below!
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