Finally After a Lot of Consolidation period $BTC Break $95,000 strong resistance ... Check I mentioned everyone our #btc prediction for today $95,780 .. We will surely soon hit our target ..
$BTC /USDT Price Analysis.. Is it pulled back to $100k or will Whales control and hit back to $90k.. I am Bullish here for $97k to $98k by the End of This week..
Bitcoin ($BTC /USDT) is showing continued bullish momentum, trading at a critical level of $95,000, reflecting a 1.49% gain in the last 24 hours. The price has climbed steadily from a low of $92,888 to a current high of $95,000, nearing a potential breakout zone.
Key Levels to Watch:
Support: $94,000 – Holding above this level will maintain the bullish structure.
Resistance: $95,105 – A breakout above this immediate resistance could spark further gains.
Trade Setup:
Long Entry: Consider entry around $95,000 with confirmation of a breakout above $95,105.
Targets:
1. $96,000 (short-term)
2. $98,000 (medium-term)
Risk Management:
Stop-loss: $93,800 – To minimize downside risks.
Market Insight:
Bitcoin continues its upward trajectory, supported by strong demand and positive sentiment. A breakout above $95,105 could pave the way for further gains, with $96,000 and $98,000 as key targets. However, failure to maintain $94,000 may lead to a temporary pullback, offering a re-entry opportunity. Traders should watch the trading volume closely for confirmation of the next move.