Bitcoin Technical Analysis ($BTC/USDT)
* Bitcoin is currently trading at $96k 95k showing bullish momentum after recovering from a strong support area near the Fibonacci retracement level of 0.618. The price is poised for higher gains with clear upward targets.
* Important levels:
* Support area: $88,699.43 (important demand zone).
* Target 1 (T1): $108,370.60.
* Target 2 (T2): $117,908.14.
* Target 3 (T3): $127,942.43.
Summary:
* Bitcoin is trading at $98,539.16 and shows bullish momentum after recovering from a strong support area.
* The price is expected to continue rising with clear upward targets.
* Important support area at $88,699.43.
* Potential price targets are $108,370.60, $117,908.14, and $127,942.43.
Hope this helps! Let me know if you have any other questions.
$BTC