🌩️ $BTC /USDT – May 03, 2025
🔧 Category: Proof of Work (PoW)
💰 Price: $95,900 (▼ -1.07%)
📊 24H High: $97,895.68 | 📉 24H Low: $95,852.29
🔄 24H Volume (BTC): 14,604.58 | 💵 Vol (USDT): $1.41B
📈 BTC Price Analysis & Key Levels
🔹 Resistance: $97,895.68 / $100,000
🔹 Support: $95,852.29 / $94,500
📐 Market Insights:
🔸 Fibonacci Retracement
Recent swing from $95,852.29 to $97,895.68
0% – $95,852.29
50% – $96,874.99
100% – $97,895.68
🔸 ATR Volatility Index
14-ATR: $1,234.59
Swing Range: $94,665.70–$97,085.28
📈 Bullish Scenario:
✅ Break above $97,895.68 could lead to $100,000
✅ Holding $95,852.29 with strong volume could target $96,874.99
📉 Bearish Scenario:
❌ Break below $95,852.29 risks fall to $94,500 and $93,000
❌ Rejection from $97,895.68 may lead to consolidation or downward pressure
🎯 Trading Strategy: Neutral to Bullish Bias
🛍️ Spot Trading
Buy Zone: $95,852.29–$96,500
🎯 Targets: $96,874.99 / $97,895.68 / $100,000
⛔ Stop-Loss: $94,500
⚡ Futures Trading
📈 Long Setup
Entry: $95,900
🎯 Targets: $96,874.99 / $97,895.68
⛔ Stop-Loss: $95,200
📉 Short Setup
Entry: $97,895.68
🎯 Targets: $95,852.29 / $94,500
⛔ Stop-Loss: $98,200
🛡️ Risk Management & Alerts
Keep an eye on the $95,852.29 support level—failure to hold this zone could lead to a further drop. Watch for volume trends near key levels.
🔎 Unique Insight:
📊 VWAP sits around $96,250. Staying below this level may signal bearish pressure, while maintaining above it could open the door for higher price action.
📌 Summary
BTC is consolidating near $95,900 with resistance at $97,895.68. A break above this level could target $100,000, but a drop below $95,852.29 could trigger further downside.
❓Will BTC break through $97,895.68 to challenge $100,000, or test the $94,500 support?
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