Bitcoin Market Check-In: Minor Dip, Major Potential đ»
Bitcoin ($BTC) is taking a breather, trading at $98,102.01, reflecting a slight -0.26% dip in the past 24 hours. After reaching a 24-hour high of $98,847.68, the price has pulled back, settling into a period of consolidation.
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đ Key Metrics at a Glance:
24H High: $98,847.68
24H Low: $97,136.00
Trading Volume (BTC): 24,757.27
Trading Volume (USDT): $2.43B
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đ Market Snapshot:
Bitcoinâs small correction comes after testing resistance near $98,850. The market appears stable, with current activity suggesting a short-term consolidation phase.
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đš Key Levels to Monitor:
Support: $97,136 â A critical level to hold.
Resistance:
$98,850 â Immediate hurdle.
$99,700 â Major upside target.
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đ Whatâs Next for BTC?
Bullish Case: If Bitcoin holds above $97,000, a rebound toward the $99,700 resistance zone is possible.
Bearish Scenario: A break below $97,000 could open the door for further downside movement.
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đĄ Strategy Time:
Consolidation often sets the stage for the next big move. Will Bitcoin bounce back toward $100K, or are we in for a deeper correction? Share your thoughts belowâwhere do you see BTC heading next? đ