$BTC 🚀 Bitcoin: Updated Analysis and Profit Strategies 🪙
Bitcoin ($BTC ), the largest cryptocurrency in the market, is currently trading at approximately $97,604. Let’s analyze the current scenario and outline potential strategies:
📊 Current Technical Analysis
1. Support and Resistance:
Main Support: $95,000, a crucial level to hold and avoid further declines.
Immediate Resistance: $100,000, the barrier to break to confirm an uptrend.
2. Trend:
On the daily chart, BTC is testing the EMA 21 (Exponential Moving Average). Consolidation above this level indicates bullish strength.