$BTC $BTC

šŸ“Š BTC/USDT Technical Analysis: Testing New Heights

Bitcoin (BTC) is trading at $95,136.12, approaching uncharted territory as it eyes key levels for its next move. Hereā€™s a breakdown of the market setup:

šŸ’” Support & Resistance Levels:

Immediate Support: $93,500 ā€“ Bulls need to defend this level to sustain the upward trend.

Key Resistance: $96,000 ā€“ A breakout above this level could open the door to fresh all-time highs.

šŸ”„ Technical Outlook:

BTCā€™s price action reflects strong bullish momentum, with higher highs being established.

A breakout above $96,000 could target $98,000ā€“$100,000, while a pullback below $93,500 might lead to a retracement toward $91,000.

šŸ“ˆ Entry Strategy:

Bullish Play: Enter above $96,000 with targets at $98,000ā€“$100,000. Place a stop-loss at $94,500.

Bearish Play: Short below $93,500, aiming for $91,000ā€“$89,000. Set a stop-loss at $94,000.

šŸ›”ļø Pro Tip: Volume confirmation is critical at these levelsā€”watch for a surge in trading activity to validate the breakout or breakdown. Stick to your risk management rules! šŸš€

BTC is on the verge of a monumental moveā€”stay alert, and trade wisely as history unfolds!

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