$BTC /USDT: Bullish Momentum Building!
The current price of Bitcoin (BTC) against USDT is $94,590, with a 0.26% increase. The 24-hour trading range was between $92,910.00 and $95,228.45, with a significant volume of 17,652.60 BTC traded, valued at $1.66 billion USDT.
The chart indicates a potential breakout, with the price hovering above the 5-day and 10-day moving averages. The MACD indicator is not visible, but the overall trend suggests a bullish momentum.
Prediction: I'm predicting a potential surge to $96,000 in the short term, followed by a possible correction. However, the long-term outlook remains bullish, with a potential target of $120,000.
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