Bitcoin Showing Signs of Recovery! š |$BTC BTC/USDT
Current Price: $93,576.25
24H High: $94,685.25
24H Low: $91,203.67
24H Volume (BTC): 32,343.17
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Market Analysis:
Bitcoin has bounced back from its daily low of $91,203.67 and is currently reclaiming key levels. The EMA(7) has crossed upwards, signaling a potential short-term bullish momentum. However, resistance lies ahead near EMA(99) at $95,691.79.
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Key Levels to Watch:
Support: $91,203.67 (recent low)
Resistance: $95,691.79 (EMA(99))
Next Targets: $96,500 and beyond if momentum sustains.
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Trade Strategy:
Bullish Outlook: A breakout above $95,691.79 could trigger momentum towards $98,000.
Bearish Risk: Failure to hold above $93,000 may lead to another retest of $91,000.
š Stay tuned for updates and adjust your risk management accordingly.
#Bitcoin #BTCUSDT #Binance #USJoblessClaimsDrop #OnChainLendingSurge