🚨$BTC /USDT Technical Analysis🚨

📊The current price of Bitcoin (BTC) is $90,167.38, down 0.95% in the last 24 hours. The daily chart shows a consolidation phase after a recent rally, indicating potential for further price movement.

📉Short-Term Outlook:

* Long Entry: $90,400📈

* Stop Loss: $89,800🛑

* Target: $91,200🎯

🔑The price is currently testing a key resistance level at $90,400. A break above this level could signal a bullish continuation towards the next resistance at $91,200. However, a failure to break above $90,400 could lead to a retest of the recent low at $89,800.

📈Long-Term Outlook:

The long-term outlook remains bullish for Bitcoin, supported by the continued adoption of cryptocurrency and blockchain technology. However, it's important to be cautious and manage risk by using stop-loss orders.

⚠️Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.

📝Additional Notes:

* The chart shows a 5-minute timeframe, which might not be the most suitable for long-term analysis.

* It's important to consider other factors like market sentiment, news events, and fundamental analysis when making trading decisions.

Remember: Cryptocurrencies are highly volatile, and past performance is not indicative of future results.

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