$BTC /USDT Analysis - Breakout Momentum

ETH
Created with Highcharts 9.1.1
88,646.78
+6.08%

Bitcoin (BTC/USDT) displayed a strong breakout from a consolidation zone around $99,516.43, rallying to the current price of $101,574.15. The price surged after forming a double-bottom pattern within the highlighted support zone, confirming bullish strength.

Entry Point: $99,516.43 (breakout level)

Target Achieved: $104,328.59 (resistance zone)

Stop Loss: $97,801.98 (below support zone)

Observation: The breakout signifies a potential bullish continuation toward higher resistance levels. Monitor for a pullback to $101,000 as a retest zone before further upward momentum. Keep risk managed near support.

#CryptoTrading #Write2Earn! #AnimecoinOnBinance #BTCUSDT #Bitcoin