$BTC Market Overview
Bitcoin (BTC) is trading at $96,523, down -0.55% on the day. It recently peaked at $97,895, facing resistance, and is now consolidating near $96.5K. The short-term order book leans slightly bearish (57.38% sell-side), and the 15m chart shows lower highs forming—a potential short-term downtrend unless BTC reclaims $97K+ quickly.
Signal Type: Spot
Pair: BTC/USDT
Buy Zone: $96,200 – $96,600
Entry (CMP): $96,523
Targets:
TP1: $96,950
TP2: $97,400
TP3: $97,890
TP4: $98,600
Stop Loss: $95,850
Risk-Reward: Approx. 1:2 to 1:3.5 depending on target
Key Levels
Support: $95,850 / $95,175
Resistance: $97,400 / $97,895 / $98,600
Sentiment: Neutral to Slightly Bearish (unless $97K is reclaimed)
Volume Status: Strong (14,491 BTC traded in 24h)
Recommendation: Monitor closely for a breakout above $97K or break below $95.8K. Range scalping is possible.
Do you expect BTC to break $100K this week? Comment your view and let’s track the momentum together!