✅The current BTC/USDT price is around 94,886.54 USDT, with a 1.77% increase in the past 24 hours. However, it's essential to consider the broader market context.
⚡️Key Trends and Insights:
✨Support Levels: Key support levels to watch are around $88,000 and $85,000 .
✨Bullish Expectations: As long as $90,000 stays intact, it's within reason to continue having bullish expectations .
✨Volatility: Bitcoin's volatility is estimated at 0.52% today, indicating a relatively stable market.
⚡️Technical Analysis:
✨Head and Shoulders Pattern: A potential Head and Shoulders pattern is forming, which could indicate a bearish reversal.
✨Resistance Levels: The resistance zone is between 99,980 and 102,000 USDT.
