#CryptoReboundStrategy

Current Price and Trend*

The current price of Bitcoin is $97,988.23, with a 24-hour trading volume of $980,584 ¹. The trend is bullish, with a 1.58% increase in the last 24 hours.

*Support and Resistance Levels*

The support levels for Bitcoin are $95,000, $92,000, and $90,000. The resistance levels are $100,000, $105,000, and $110,000.

*Indicators*

The Relative Strength Index (RSI) is 64.14, indicating a bullish trend ¹. The Bollinger Bands are wide, with a %B of 0.833, indicating a bullish trend ¹. The Moving Average Convergence Divergence (MACD) indicator is bearish, with a crossover below the signal line ².

*Trade Signal*

_Long Trade:_

Entry: $98,000

Stop Loss: $95,000

Take Profit: $105,000

_Short Trade:_

Entry: $95,000

Stop Loss: $98,000

Take Profit: $90,000

*Risk Management*

- Risk-Reward Ratio: 1:2 for long trade, 1:2 for short trade