🚀 $BTC /USD: TESTING HISTORIC HIGHS – IS $100K WITHIN REACH? ⚡
The $BTC /USD pair is currently trading at $96,012, flirting with a major psychological milestone. Traders should watch closely as Bitcoin tests critical levels that could dictate the next market move.
📊 Trade Scenarios:
Entry Point: $96,012
Take Profit (TP) 1: $97,500
Take Profit (TP 2): $99,000
Take Profit (TP 3): $100,000
Stop Loss (SL): $93,500
Support is at $93,500, while resistance is at $97,500. A breakout above $97,500 could set the stage for a rally to $99,000 and the coveted $100,000 mark. A fall below $93,500 may trigger a bearish pullback.
📉 Market Outlook:
BTC is at a pivotal point, with bullish sentiment driving momentum toward $100,000. If support at $93,500 holds firm, the upward trend could accelerate. A decisive breakout above $97,500 would confirm strong bullish momentum, while a drop below $93,500 could indicate short-term weakness.
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