🚨 $BTC Approaching Key Levels – Massive Move Expected! 🚨
Bitcoin ($BTC ) is currently trading at 95 866,05 $, down by 1,05 % over the last 4 hours. The price is consolidating after rejecting the 98 619,99 $ level and is hovering around critical support. The market is at a tipping point, with a potential for high volatility.
Key Levels to Watch:
Immediate Support: 94 395 $
A breakdown below this level could accelerate selling pressure, targeting lower zones.
Major Resistance: 97 356 $
A breakout above this resistance may trigger significant buying momentum, setting the stage for a rally.
Three Targets for Traders:
1. Target 1: 97 500 $ – First resistance level, ideal for profit-taking during a breakout.
2. Target 2: 98 600 $ – A retest of the recent high, marking a bullish continuation.
3. Target 3: 100 000 $ – A psychological barrier and milestone, signaling a strong bullish trend.
Trade Setup:
Long Entry: Above 97 356 $, aiming for 97 500 $, 98 600 $, and 100 000 $.
Short Entry: Below 94 395 $, targeting 93 000 $ and 90 791 $.
Stop Loss: Place at 95 000 $ to manage risks effectively.
Bitcoin is at a decisive juncture, with both bulls and bears eyeing control. Stay alert to these levels!