🚨 $BTC /USDT ALERT: Bullish Surge Above $97,000! 🚨
Bitcoin is on a powerful upswing, trading at 97,232, marking a +5.03% increase. The price is approaching critical levels, with bulls driving momentum higher. Here’s the key breakdown:
🎯 Target 1: 97,852
This is the 24-hour high and immediate resistance. A breakout above could open doors to new highs, attracting more bullish sentiment.
🎯 Target 2: 98,500
If BTC clears the first target, the next milestone to watch is 98,500. Breaking this level would reinforce the uptrend.
🎯 Target 3: 100,000
The psychological barrier of 100,000 is the ultimate target, signaling a massive bullish rally and heightened market interest.
🚨 Support Level: 92,300
On the downside, maintaining above 92,300 is crucial to avoid a retracement. A dip below this level could signal short-term consolidation.
📊 Key Indicators:
MA(7): 95,961 – Indicates strong short-term support.
MA(25): 94,400 – Reflects mid-term stability.
MA(99): 92,024 – Acts as a major support floor.
Bitcoin's bullish momentum is strong, but traders should watch for resistance at the 24-hour high. Stay vigilant for either a breakout or a potential pullback.