$WBTC
approaching $98,000 – Rapid growth or reversal? 🚨
Wrapped Bitcoin ($WBTC ) is rising, trading at $97,895, which is up 5.61%, with a 24-hour high of $98,067. This impressive movement reflects growing bullish sentiment as the price approaches the psychological level of $98,000. If WBTC breaks and holds above this level, traders may target levels of $98,500 and above. However, if the price fails to hold above $97,500, it could lead to a correction to key support at $94,500. Pay close attention to the volume, as it indicates increased market activity, offering profitable short-term opportunities. Trade smart and leverage this momentum with strict risk management.