$BTC /USDT: Stable Growth Amid High Volumes

Bitcoin (BTC) is trading at $96,880.01, reflecting a 0.84% increase in the past 24 hours. The price has shown resilience near support levels while maintaining upward momentum.

Key Metrics:

24h High: $98,619.99

24h Low: $95,600.03

24h Volume (BTC): 28,142.71

24h Volume (USDT): $2.74B

Technical Overview:

Resistance Levels: $98,000, $98,620

Support Levels: $96,140, $95,600

Market Outlook:

Bullish Case: Sustained buying could push BTC toward $98,620, with the potential to test the psychological $100,000 level if momentum persists.

Bearish Case: A drop below $95,600 might signal a retracement toward $93,000 or lower.

Trading Strategy:

Short-Term Traders: Look for breakout opportunities above $98,000, with stop-losses at $96,000.

Long-Term Investors: Accumulation remains viable as BTC continues its steady climb, backed by strong volume.

Market Sentiment:

Bitcoin maintains positive sentiment, supported by increasing volumes and demand from institutional and retail investors. While consolidation near resistance is expected, the overall trend remains bullish.

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