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Bitcoin (BTC) Primed for Breakout: $100K Target in Sight? š
BTC/USDT Update ā Strong Bullish Momentum Confirmed
Bitcoin is consolidating near the critical 98,000resistanceafterreboundingfromthe98,000resistanceafterreboundingfromthe96,200 support zone. With $1.69B in spot volume and sustained buying pressure, BTC shows strength, but RSI divergence on lower timeframes suggests cautious optimism.
Key Levels:
Support: $96,200 (must hold for bullish structure)Resistance: $98,800 (breakout trigger)Pivot: $97,600 (intraday bias gauge)
Trading Strategy:
ā Entry:
Bitcoin is consolidating near the critical 98,000resistanceafterreboundingfromthe98,000resistanceafterreboundingfromthe96,200 support zone. With $1.69B in spot volume and sustained buying pressure, BTC shows strength, but RSI divergence on lower timeframes suggests cautious optimism.
Key Levels:
Support: $96,200 (must hold for bullish structure)Resistance: $98,800 (breakout trigger)Pivot: $97,600 (intraday bias gauge)
Trading Strategy:
ā Entry:
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