🚀 $BTC /USD: PAY ATTENTION TO THE $100,000 LEVEL AS THE UPSWING MOMENTUM INCREASES! 🔥
Bitcoin ($BTC /USD) is trading at $98,104, maintaining strong upward momentum as it approaches the psychological milestone of $100,000. With market sentiment still positive, BTC seems ready to test a new record high.
Important levels to watch:
Current price: $98,104
Support level: $96,000
Resistance level:
TP 1: $99,000
TP 2: $100,000
TP 3: $102,500
Stop Loss (SL): $94,000
Trade setup: A breakout above $99,000 could pave the way for Bitcoin to surge past the coveted $100,000 mark and beyond. Set a stop loss at $94,000 to manage risk in the face of potential volatility.
Market outlook: With increasing institutional interest and a strong upward trend, Bitcoin is likely to maintain its upward trajectory. Traders should be cautious of the potential for profit-taking near key psychological levels.