$BTC /USDT Technical Analysis - Binance

📊 Current Price: $98,950.16 (+0.87%)

⏰ Timeframe: 30m

Analysis & Targets

Bitcoin is consolidating near the psychological resistance of $100,000. Here's what to watch for:

1️⃣ Target 1: $99,500

Minor resistance level; achieving this level would signal strong bullish momentum.

2️⃣ Target 2: $100,000

Psychological and round-number resistance. Expect significant profit-taking pressure at this level.

3️⃣ Target 3: $102,000

Major resistance level and potential breakout zone if BTC sustains momentum.

Strategy

📈 Bullish Case: Watch for a breakout above $99,000. Scale into positions with partial take-profits at each target.

📉 Bearish Case: A rejection near $99,000 could result in a pullback to $98,000 or lower.

⚠️ Risk Management:

Long entries should include a stop-loss around $97,500.

Trade cautiously as BTC approaches major resistance zones.

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