🚨 $BTC /USDT Analysis: Approaching New Heights – A Remarkable Recovery 🚨

Bitcoin is currently trading at $98,410.27, reflecting a solid 1.50% intraday gain. After a strong rebound from a low of $92,232.54, BTC has surged towards its 24-hour high, signaling robust bullish momentum.

Key Levels to Monitor:

Support: $97,600 – Crucial for maintaining upward price pressure.

Resistance: $98,500 – A breakout above this level could unlock further gains and take Bitcoin to new highs.

Trade Setup:

Entry Point: Around $98,400

Target Levels:

$99,000 (short-term)

$100,000 (psychological milestone)

Risk Management:

Stop-Loss: $96,800 – To protect against potential downside risks.

As Bitcoin approaches the $100,000 mark, a breakout could trigger significant buying interest. It's important to monitor trading volumes for confirmation of sustained bullish momentum.

$BTC #BTCNextMove #MarketPullback #MarketCorrectionBuyOrHODL?