$BTC Breakout in Action!
"Above 96K โ is 100K the next stop?" ๐๐ฅ
Chart Overview (BTC/USDT):๐
Both the 1H and 1D charts show a strong bullish structure.
After breaking the 95K zone, $BTC price is holding steady near 96,800+.
Clear signs of CHoCH (Change of Character) and BOS (Break of Structure) confirm buyer dominance.
Current Price: $96,857
Support Zones: $95,600 โ $96,200
Resistance Zone: $97,700 โ $100,000
Trading Strategy Plan:๐จโ๐ซ
Buy Entry: Between $96,300 โ $96,600 (support retest)โ
Target 1: $97,900๐ฏ
Target 2: $99,800๐ฏ
Stoploss: $95,000โฃ๏ธ
Risk/Reward: 1:2+
Stochastic RSI is in the overbought zone โ a short-term pullback is possible.
But overall momentum is strong โ buying the dip could be a smart play.
Pro Tip: ๐งโ๐ซ
If $BTC holds above $95,800, we may soon see a push beyond $98K.
Scalp traders can watch the 1H candles and volume for intraday momentum entries.
๐จโโค๏ธโ๐จ"Patience earns the biggest profits."
โ ๏ธ Disclaimer: This analysis is for educational purposes only. Cryptocurrency trading is highly volatile. Do your own research before investing.