🚀 $BTC /USDT Update: Bitcoin Continues Its Momentum!
Bitcoin ($BTC ) is currently trading at $104,844.01, showing a -2.00% drop in the past 24 hours. Despite this slight dip, BTC remains within a strong long-term uptrend, supported by increasing institutional interest and favorable market conditions.
📊 Key Levels to Watch
Resistance: $108,353.00 – Breaking this level could signal a return to bullish strength.
Support: $103,137.82 – A crucial zone to maintain the upward trajectory.
💡 Insights & Trends
Volume: BTC's 24h trading volume is $3.67 billion, showcasing significant activity.
Short-Term Outlook: Consolidation near $105,000 indicates potential preparation for a breakout.
Long-Term Growth: Bitcoin has surged +151.77% in 1 year, with institutional adoption and macroeconomic factors fueling demand.
📅 Performance Overview
7 Days: -1.61%
30 Days: +10.27%
90 Days: +72.91%
1 Year: +151.77%
⚡ Trading Strategy
Buy Zone: $103,000-$104,000 – Ideal for long entries.
Target 1: $108,000
Target 2: $110,000
Stop-Loss: $102,500 – To minimize downside risk.
Bitcoin's long-term fundamentals remain strong, making it a key asset in any crypto portfolio.
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