$BTC /USDT: Bitcoin Nears $97K – Momentum Strong! 🚀
Current Price: $96,875.74 (+1.54%)
Key Targets:
1. $98,000 (Immediate Resistance)
2. $100,000 (Psychological Barrier)
3. $102,500 (Bullish Breakout Target)
Market Insight: Bitcoin continues its impressive rally, bouncing from a low of $94,646 to touch $97,544.58. The momentum suggests a potential breakout above the $98K resistance, paving the way for six-figure territory.
Trading Strategy:
Entry Zone: Consider entries on dips near $96,500.
Take Profit Levels: Gradual profit booking at $98K, $100K, and $102.5K.
Stop Loss: Below $94,000 to manage downside risks.
Technical Indicators: Volume spikes hint at renewed buying interest, while the bullish trend holds steady. Monitor closely for a breakout confirmation above $98K.
Stay vigilant as Bitcoin edges closer to the $100K milestone, attracting global attention!