$BTC is currently trading at $94,999.25, holding steady near the psychological resistance of $95,000. The asset has shown bullish momentum, with a 24-hour high of $95,621.54 and strong support at $92,520.00.
Levels to Watch
Immediate Resistance: $95,500 and $96,000
Key Support: $94,000 and $92,500
Trading Plan
For Long Trades:
Entry: Above $95,500 for breakout confirmation
Stop Loss: Below $94,500
Take Profit 1: $96,000
Take Profit 2: $97,500
For Short Trades:
Entry: Below $94,000 for trend reversal
Stop Loss: Above $95,000
Take Profit 1: $93,000
Take Profit 2: $92,000
Market Outlook
The recent bullish push hints at strong buying interest, but watch for potential profit-taking near $95,500. A confirmed breakout could lead to a retest of $97,500, while failure to hold support at $94,000 may trigger a short-term pullback.
Stay alert and trade cautiously at these critical levels.
