Bitcoin (BTC/USDT) chart presents a clear cup-and-handle pattern ☕, signaling a potential bullish continuation 📈. The price has consolidated above the EMA ribbon 🌀, maintaining upward momentum. The handle formation near $95,000 indicates resistance testing 🛑 before a breakout attempt towards $100,000+ 🚀. The RSI shows strength 💪, suggesting buyers are gaining control, though monitoring for overbought conditions is crucial ⚠️. If the breakout confirms, it could align with the target zone 🎯 marked above $103,000. However, failure to break resistance could lead to a short-term retracement 📉.
This chart illustrates USDT dominance consolidating within a descending triangle pattern 🔻, indicating weakening strength in stablecoins relative to the market. The EMA ribbon 🌀 shows bearish alignment, supporting a downtrend 📉. The RSI remains near oversold levels 📊, signaling potential for further downside. A breakdown of the triangle may push dominance toward 3.75% 🎯, suggesting capital is flowing into risk-on assets like BTC 🚀. This aligns with a bullish outlook for Bitcoin, as declining USDT dominance typically correlates with market optimism 📈 and an increase in BTC's price. Confidence in BTC's bullish momentum is supported. 💪
This BTC/USDT liquidation heatmap shows dense liquidation clusters 💥 around $95,000-$100,000, highlighting leverage activity 📈. Rising price levels 🚀 and concentrated liquidations signal bullish momentum 📊, attracting aggressive buyers. 💪
Entry: 96584.48$ or Market Price
1st Tp: 98007.26
2nd Tp: 99827.83
3rd Tp : 101759.17
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$BTC #swap_crypto