Bitcoin (BTC) - Breakout Imminent ?
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Bitcoin is currently trading around **$95,775.89 USDT**, testing the support zone for the third time. This suggests strong buying interest. A bounce from this support could push the price above **$100,000**, breaking through resistance. However, failure to hold the support could invalidate the bullish outlook.
Key Levels :
- Support : $95,000
- Resistance : $100,000
Pro-Tip :
- Monitor volume for confirmation of the bounce.
- Set stop-loss orders below the support level to manage risk.
Conclusion :
Bitcoin is at a critical juncture. A breakout above $100,000 could signal a bullish trend, but a failure to hold support could lead to a downward correction. Stay vigilant and adapt your strategy accordingly.