As Bitcoin $BTC
BTC continues to show strength, let's delve into the technical analysis of the BTC/USDT trading pair and identify three key price targets to watch.Current Price: $71,466.0124h High: $71,587.8824h Low: $39,934.85Technical Analysis:The BTC/USDT pair has recently bounced back, suggesting bullish momentum. The price action indicates a solid support level around $71,250, while the recent high at $71,587 could serve as a critical resistance point.Target Prices 🎯1. First Target: $71,750This level is a psychological barrier that traders will likely monitor closely. A break above this level could trigger further buying pressure.2. Second Target: $72,500If bullish momentum continues, reaching this level would align with Fibonacci retracement levels, providing a significant opportunity for traders.3. Third Target: $73,000This target represents an extension level where profit-taking may occur. It’s crucial to observe volume and market sentiment as BTC approaches this level.ConclusionKeep an eye on these targets as Bitcoin navigates through current market conditions. As always, ensure to conduct your own research and consider risk management strategies when trading.Feel free to adjust any parts to better suit your style or audience!