$BTC /USDT Trading Signal - Potential Upside in Sight?
Current Price: $98,470.45
Entry Range: $98,300 - $98,500
Targets:
1. Target 1: $98,750
2. Target 2: $99,200
3. Target 3: $100,000
Stop Loss: $97,300
Analysis:
Bitcoin is consolidating near $98,470, showing resilience after testing support around $97,500. A breakout above $98,500 could signal bullish momentum, with a potential move toward the key $100,000 psychological level. Use a stop-loss below $97,300 to manage risk effectively.
Trade Setup:
Watch for volume spikes above $98,500 for confirmation.
Gradually secure profits at each target level to optimize gains.
Consider adjusting stop loss to breakeven after Target 1 is reached.
Risk Management Reminder: Markets can be volatile. Ensure calculated risks and disciplined strategies.