🚨 $BTC ALERT: Testing New Highs – What’s Next? 🚨
Bitcoin ($BTC) continues to impress, climbing to $101,536.71 with a +0.69% gain today. With increasing buying pressure, BTC has broken through the psychological $100K barrier, setting the stage for the next major move. Let’s analyze key levels and potential targets!
📊 Key Levels to Watch
🔹 Resistance: $101,710
BTC is testing $101,710, its 24-hour high. A clean breakout here could trigger further bullish momentum.
🔹 Support: $100,500
A retest of $100,500 could provide a solid foundation for buyers to re-enter, maintaining the uptrend.
📈 3 Key Targets for Traders
1️⃣ First Target: $102,000
A push above $101,710 could see BTC hit $102,000, signaling strong continuation from the $100K breakout.
2️⃣ Second Target: $103,500
Momentum-driven buying could extend to $103,500, aligning with the next resistance level on the daily chart.
3️⃣ Third Target: $105,000
If market sentiment stays bullish, BTC could rally toward $105,000, a key psychological milestone for traders and investors.
⚠️ Market Insight
The 24-hour volume of $6.75B reflects strong interest, but volatility remains high. Failure to hold above $100,500 could lead to consolidation or a retest of lower levels.
💬 Will Bitcoin sustain its rally and hit $105K, or is a pullback imminent? Drop your analysis below!
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