$BTC Ascending After 10% Weekly Gain, Eyes Next Resistance! ๐๐
On the 1h timeframe, $BTC is currently trading at $95,445.96, marking a steady increase of +1.81% today. Building on a solid 10% gain this past week, Bitcoin shows continued bullish momentum. The 24h high stands at $95,498.00, with a trading volume of 14.926K BTC and 1.41B USDT.
โ Key Observation:
#BTCโ is demonstrating sustained upward movement, capitalizing on a strong weekly performance and approaching its 24-hour high.
Next Potential targets:
๐ฏ $95,498.00 (24h high - immediate resistance)
๐ฏ $96,000 (potential next psychological resistance level)
๐ฏ $96,500 (potential further resistance if the weekly uptrend persists)
๐ฏ $97,000+ (higher potential target if the bullish momentum continues)
๐ก๏ธImportant Support Level (to watch for potential pullback):
๐ก๏ธ $95,000 (potential near-term psychological support)
๐ Stop Loss:
Consider setting a stop loss to protect gains, perhaps around $94,500.
๐ **Potential Price Path in the Immediate Future:**
#BTC is showing consistent upward movement, supported by significant weekly gains. The immediate focus is on breaking the current 24-hour high of $95,498.00. If this level is overcome with strong volume, we could see a move towards the $96,000 mark and potentially extend towards $96,500 or higher, in line with the ongoing weekly bullish trend. Monitor for potential consolidation or profit-taking around the current high.
Buy and trade here on $BTC