đš$BTC
BTC/USDT: -1.61% Pullback â Is the $100,000 Target Still in Play? đš
Bitcoin ($BTC) is currently trading at $95,948.48, showing a slight correction after hitting a 24-hour high of $98,564.00. The market is holding its breath as BTC approaches the critical $100,000 milestone. Letâs assess the next potential moves:
đĄ Key Levels to Watch:
Resistance: $98,500 â Breaking above this level could reignite bullish momentum, with $100,000 firmly in sight.
Support: $95,700 â Holding this zone is crucial to avoid further downside toward $93,000.
đ Bullish Scenario:
If BTC maintains support at $95,700 and pushes through $98,500, the next target is $100,000, a psychological barrier that could drive renewed buying interest.
đ Bearish Risk:
A breakdown below $95,700 may lead to a pullback toward $93,000 or even $90,000, providing potential accumulation opportunities for long-term investors.
â ïž Pro Tip:
With high volatility around these levels, use tight stop-loss orders and monitor volume for confirmation of the next major move.
Will BTC achieve the coveted $100,000 milestone, or are we due for a deeper correction? Letâs keep a close watch!