🚀 Bitcoin (BTC) Market Update 🚀
🔹 Pair: BTC/USDT
🔹 Current Price: $96,445.37 (+0.49%)
🔹 Timeframe: 4H Chart
📈 Key Levels:
✅ Resistance: $97,427 → Breakout needed for bullish momentum
✅ Support: $93,932 → Key level to hold for trend reversal
✅ Major Demand Zone: $91,231 - $93,932
📊 Technical Indicators:
MACD: Weak bullish crossover, but momentum still low
RSI: 43.80 (Neutral, slight bearish pressure)
MA (5): $96,419 (Short-term support)
MA (10): $96,640 (Price hovering around it)
🔥 Trade Strategy:
🟢 Long Entry: $95,700 - $96,200
🎯 Target 1: $97,500
🎯 Target 2: $100,000
🎯 Target 3: $104,000
🔴 Stop-Loss: $93,500
📢 Market Outlook:
BTC is consolidating within a narrow range, with $97K resistance blocking further upside. A breakout above $97.5K could push BTC toward $100K. If support at $93.9K fails, a retest of $91K is possible.
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