šØ $BTC /USDT Surges Beyond $100K: Key Targets on the Horizon! šØ
$BTC/USDT is trading at $101,461.55, up 4.79% in the past 24 hours. Bitcoin has crossed the psychological $100,000 barrier, signaling strong bullish momentum. With rising volumes and bullish sentiment, the market eyes further upside potential.
š” Key Targets to Watch:
1. Target 1: $102,000
The immediate resistance level. A breakout above this mark could confirm the continuation of Bitcoin's rally, attracting more buyers.
2. Target 2: $105,000
A sustained push beyond $102,000 could propel Bitcoin toward $105,000, where traders might book partial profits.
3. Target 3: $110,000
If the momentum continues, Bitcoin could test $110,000, a major psychological level and an area of significant interest for long-term investors.
š Support Levels:
Primary Support: $100,000 ā Maintaining this key level is critical to sustaining bullish momentum.
Secondary Support: $98,000 ā A dip below this level could trigger further retracements.
Trade Setup:
Long Entry: Above $102,000, targeting $105,000 and $110,000.
Short Entry: If $BTC faces rejection at $102,000, watch for a pullback to $100,000 or lower.
ā ļø Risk Note: Manage risk with tight stop-losses as $BTC navigates key resistance levels. Volatility is expected to remain high around these critical zones.