$BTC
📈 Bitcoin at 97k, what's next? 🤔 Quick analysis for traders!
Hello, community! 👋 Bitcoin has been unstoppable lately, reaching and hovering around the impressive mark of $97,000 USD! 🎉 This brings us to the big question: what can we expect now?
Reaching this level is a significant milestone and, as many know, around $97,000 (and a little higher) we find a key resistance zone. This means that the price is testing whether it has enough strength to continue rising. 💪
Here is where things get interesting:
* Bullish Breakout: If Bitcoin manages to break this resistance with volume and conviction, the path could be cleared for a strong move towards the psychological level of $100,000 and perhaps beyond. 🚀
* Rejection and Correction: If selling pressure in this area is strong, we could see a pullback. The key support areas (levels where the price could find a "floor") to watch would be around $90,000 - $92,000. 👇
Factors such as global economic news and the overall sentiment of the crypto market will play a crucial role in the direction it takes. We need to stay alert. 👀
Bitcoin is at a decisive point. Watch how it interacts with the current resistance.
Stay informed and trade cautiously! If you don't see a clear trade, don't take it. Log out when you're not trading.
Where do you think the price will go? Will it break 97k and go for 102k? Or will it fall below 70k? 🤔
Leave your opinion in the comments below 👇
