As of now, Bitcoin (BTC) is trading at $96,500, with an intraday high of $97,313 and a low of $95,870.
A recent event saw a significant liquidation of short positions at $36,200, totaling $96,944.50.
Buy Zone: Considering the current market conditions, a potential buy zone could be between $95,000 and $96,000.
Target: If the price moves favorably, aiming for a target around $98,500 could be reasonable.
Stop Loss: To manage risk, setting a stop loss near $94,000 is advisable.
*Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your financial situation before making any trading decisions.*