$BTC Next target:
Based on the current chart data and trend, here are potential target levels to consider for BTC/USDT if the bullish momentum continues:
1. Immediate Resistance Level: The nearest resistance is around 89,530.54. Breaking above this level with strong volume could confirm a continuation of the uptrend.
2. Next Target Levels:
90,000 - 91,000: This psychological round number is often significant, as it can act as both a strong resistance and a psychological barrier.
92,500 - 93,000: If BTC breaks above 90,000, this area could serve as the next short-term target based on typical price movement in such bullish trends.
3. Aggressive Target:
95,000: If the trend remains strong with sustained volume, 95,000 is a potential next significant target, aligning with the overall momentum BTC has shown.
Indicators to Watch:
Volume: Look for increasing volume as BTC approaches these targets. Higher volume can indicate the strength needed to break resistance levels.
RSI: If RSI moves too high (above 70-75), there could be a temporary pullback, so monitor for potential overbought signals.
These targets should be reassessed if market conditions change or if BTC fails to break above immediate resistance.
