🚀$BTC 🥺🥺🥺🥺🥺
Bitcoin (BTC/USDT) Technical Analysis – Approaching Key Resistance! 🚀
🔹 Current Price: $98,005.23 (+0.44%)
🔹 24H High/Low: $98,478.42 / $96,866.39
🔹 24H Volume: 16,068.43 BTC ($1.57B USDT)
🔹 Market Sentiment: Bullish with resistance testing 📈
📊 Technical Overview:
Bitcoin is holding strong above $98K, showing steady upward momentum. The price is approaching its recent high of $98,478, and a breakout above this level could signal further gains toward the psychological $100K mark. However, BTC is also facing strong resistance, so a pullback or consolidation is possible before the next leg up.
🎯 Target Levels:
✅ Target 1: $99,000 – A break above $98,478 could push BTC to this resistance.
✅ Target 2: $100,000 – The psychological level, where traders will watch for bullish continuation or rejection.
✅ Target 3: $102,000 – If BTC sustains above $100K, this could be the next target.
⚠️ Support Levels:
🔻 $97,500: Minor support; holding above this could confirm continued bullish sentiment.
🔻 $96,800: Stronger support, aligning with the recent 24H low.
🔻 $95,500: A deeper correction level, where buyers may step in if BTC pulls back.
🔎 Conclusion:
Bitcoin is testing key resistance near $98.5K, with a breakout potentially leading to the long-awaited $100K mark. However, resistance remains strong, and traders should watch volume and momentum for confirmation. Risk management is essential, as volatility could increase near these crucial levels.
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