🌩️$BTC /USDT – May 02, 2025

🔨Category: POW Vol Price Protection

💸Price: $96706.83 (+2.19%)

📈24H High: $97424.02 | 📉24H Low: $94005.00

🔄24H Volume (BTC): 21538.19 | 💰Vol (USDT): 2.07B

📈BTC Price Analysis & Key Levels

🔑Support: $94005.00

🔒Resistance: $97424.02

🧬Crypto Market Insights:

➡️Fibonacci Retracement:

Levels: $94005.00 (0%) | $95714.51 (61.8%) | $97424.02 (100%)

BTC’s rise places it above the 61.8% Fib level at $95714.51, showing bullish momentum📊

➡️Volatility Index (ATR):

14-period ATR: $1719.02

BTC may swing between $94987.81–$98425.85 today🔍

🌟Bullish Scenario:

✅A break above $97424.02 could target $100000.00

✅High volume supports continued upside🚀

🌧️Bearish Scenario:

❌A drop below $94005.00 may hit $92000.00

❌Profit-taking could follow the 2.19% gain⚠️

🧭Trading Strategy: Bullish Bias

🛍️Spot Trading

Buy Zone: $94005.00–$96706.83

🎯Target: $100000.00

⛔Stop Loss: $92000.00

⚡Futures Trading

📈Long Setup

🔹Entry: $96706.83

🎯Target: $100000.00

⛔Stop Loss: $93500.00

🛡️Risk Management

Watch $94005.00 support closely—recent posts on X highlight mixed sentiment📉

🚨Stop Loss Key Alert

Set alerts at $93500.00 to manage risk⚡ Act fast if breached🛑

📝Unique Insight: Volume-Weighted Average Price (VWAP)

VWAP: $96000.00

BTC is above VWAP, supporting bullish sentiment, but historical data shows a peak of $109356 on Jan 20, 2025🌟

💡Summary

BTC’s 2.19% gain tests resistance at $97424.02🔑 A breakout could hit $100000.00, or a dip may see $92000.00🌡️

❓Will BTC break $97424.02 or fall to $92000.00?

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