$BTC /USDT Ignites: Is $100K Next or a Pullback Brewing?
Bitcoin (BTC/USDT) is heating up again, clocking in at $96,849.05 (+2.01%)! Over the past 24 hours, we've seen a high of $97,424.02 and a low of $94,800.00, setting the stage for some serious volatility.
Market Structure:
Support Zones: $96,348 (MA99), $96,184 (recent swing low), $95,862
Resistance Levels: $96,963 (MA7), $97,309 (recent top), $97,424 (24H high)
Trade Setups:
Bullish Setup:
Entry: Break and close above $97,424
Target 1: $98,500
Target 2: $100,000
Stop Loss: $96,300
Risk/Reward: Favorable if volume confirms breakout
Bearish Setup:
Entry: Drop below $96,184 with high volume
Target 1: $95,500
Target 2: $94,800 (24H low retest)
Stop Loss: $97,000
Risk/Reward: Conservative with tight SL protection
