$BTC /USDT Price Analysis

BTC/USDT has dipped slightly to 99,128.77, marking a -1.03% drop but holding above the recent low of 97,948.01. The price has rebounded strongly from the support zone near 97,948.01, indicating potential buyer interest. If the bullish momentum sustains, BTC could test the next resistance level at 99,679.71, with further upside targets at 100,350.00 and the 24-hour high of 101,351.00.

On the downside, immediate support lies at 98,496.38, with the critical support at 97,948.01 acting as a strong base. A failure to hold these levels may lead to a retest of 97,861.42 or lower.

Short-term: Watch 99,679.71 for a breakout or rejection.

Long-term: A move above 100,350.00 may signal sustained bullish momentum.

Trade carefully, as volatility remains significant.

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