🚀 $BTC /USDT: TESTING ALL-TIME HIGHS – BREAKOUT OR CORRECTION? ⚡
The $BTC/USDT pair is currently trading at 101,841.85, pushing toward key resistance levels. Traders should monitor closely for a potential breakout or retracement as volatility increases.
📊 Trade Scenarios:
Entry Point: 101,841.85
Take Profit (TP 1): 105,000.00
Take Profit (TP 2): 108,500.00
Take Profit (TP 3): 112,000.00
Stop Loss (SL): 98,500.00
Support is at 98,500.00, while resistance is at 105,000.00. A breakout above 105,000.00 could fuel further bullish momentum, pushing the price toward 108,500.00 and 112,000.00. On the downside, a drop below 98,500.00 may signal a correction and lead to lower levels.
📉 Market Outlook:
BTC is holding strong above 98,500.00 support, indicating bullish sentiment. A breakout above 105,000.00 could confirm further upside potential, while failure to hold support may result in short-term bearish pressure.
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