$BTC /USDT: KING OF CRYPTO ๐Ÿ‘‘ - CONSOLIDATION OR BREAKOUT? ๐Ÿค”

Market Overview ๐Ÿ“ˆ๐Ÿ“‰:

The $BTC/USDT pair is currently trading at $97,044.74, showing a 24-hour change of -0.49%. This indicates a period of consolidation for the king of crypto, with price action oscillating within a defined range.

Trade Setup ๐ŸŽฏ:

Long Entry โฌ†๏ธ:

* Entry: $97,500.00

* TP1: $100,000.00

* TP2: $102,500.00

* SL: $95,000.00

This long trade setup is contingent on the assumption that the current consolidation phase will resolve with an upward breakout. The stop-loss is placed below the recent low to mitigate potential losses.

Short Entry โฌ‡๏ธ:

* Entry: $96,500.00

* TP1: $94,000.00

* TP2: $92,500.00

* SL: $98,000.00

This short trade setup is predicated on the possibility of a downward breakout from the consolidation range. The stop-loss is positioned above the recent high to limit potential losses.

Market Outlook ๐Ÿ”ฎ:

The future direction of $BTC/USDT remains uncertain. The current consolidation phase is crucial, as a decisive break above or below the range could signal the next major move. Traders should closely monitor price action and volum#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve e for clues on the impending breakout.