šØ $BTC /USDT Ready for a Major Breakout? Key Levels to Watch! šØ
Bitcoin ($BTC) is trading at $98,852, showing slight volatility after touching a 24-hour high of $99,892 and a low of $97,276. The chart reflects a consolidation phase near a psychological barrier of $100,000, suggesting the potential for a decisive move.
Critical Levels to Watch:
Resistance 1: $99,500
Resistance 2: $100,000 (Psychological level)
Resistance 3: $102,000
Targets for Bulls:
Target 1: $100,000
Target 2: $101,500
Target 3: $103,000
On the downside, key support is around $97,500, which could act as a cushion for the price in case of a retracement. A breakdown below this level might push BTC toward $96,000.
ā ļø Stay Alert: The current momentum could lead to significant volatility. Tight risk management and stop losses are advised as BTC inches closer to breaking above or below these critical zones.
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