🚀 Bitcoin ($BTC /USDT) at a Pivotal Moment – Targets to Watch!
Current Price: $97,598.09 (+0.04%)
24H High: $99,540.61 | 24H Low: $95,393.84
24H Volume: 29,244.01 $BTC
Bitcoin is consolidating after a minor pullback from its recent high. With strong support and renewed buying interest, $BTC is poised for a potential breakout.
🎯 Target 1: $98,500 – Immediate Resistance
🎯 Target 2: $99,700 – Short-Term Resistance
🎯 Target 3: $101,000 – Key Psychological Level
📊 Key Observations:
Support Zone: $96,400 – Holding this level strengthens bullish sentiment.
Resistance Break: A close above $98,500 could signal a move toward $100,000+.
Volume Insights: Increased trading activity suggests strong market interest, creating a favorable environment for upward momentum.
⚡ Suggested Strategy:
Consider entering near the $97,500 level with a short-term target of $98,500. Partial profit-taking is advised near $99,700, while long-term investors can aim for $101,000 and beyond. Place stop-losses below $96,000 to manage risk effectively.