šŸšØ $BTC BTC/USD Update: Critical Zone Test Above $100K! šŸšØ

Bitcoin ($BTC) is trading at $101,874, up 2.08% for the day. The king of crypto is holding above the psychological $100K level after testing a daily low of $99,500.

šŸ’” Key Levels to Watch:

Resistance: $102,650 ā€“ A clean break above this level could fuel a rally toward $105K and beyond.

Support: $99,500 ā€“ Holding above this key zone is critical for maintaining bullish momentum.

šŸ“Š Market Insights:

Bullish Potential: Sustained trading above $100K signals strong market sentiment, with buyers eyeing further upside.

Bearish Warning: Failing to hold above $99K could invite selling pressure, dragging prices lower toward $97K.

šŸ”„ Trading Strategy: Keep a close eye on price action near $102K for a breakout confirmation. For risk-averse traders, tight stop-losses around $99K are recommended to manage volatility.

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