Bitcoin on fair🔥 $BTC

$BTC/USDT Technical Analysis

As we witness the latest price action for Bitcoin, it’s essential to break down the key levels and trends in play. Currently trading at $97,410.01, BTC/USDT has experienced a +5.71% surge in the last 24 hours, reaching a high of $97,500. Let's dive into the targets and strategies to watch for:

Target 1: $98,500 🎯

The first key level to look for is $98,500, where Bitcoin faces potential resistance. A breakout above this level could set the stage for a new bullish rally toward higher prices, possibly targeting the $100,000 mark.

Target 2: $94,500 🎯

A retracement to $94,500 could offer a solid buying opportunity for those looking for an entry point after a pullback. This level is a significant support zone that aligns with previous market structures, and a bounce here could push BTC back toward its higher resistance zones.

Target 3: $91,000 🎯

If the market turns bearish, $91,000 is a critical support level. A drop here could trigger further sell-off, but it also provides an opportunity for long-term investors to accumulate at a discount, depending on broader market sentiment.

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