đ $BTC C /USDT Technical Analysis â Eyes on the Next Breakout! đŻđ„
BTC
88,062.81
+3.4%
Current Price: $88,130.03
Bitcoin is holding strong near all-time highs after hitting a 24h high of $88,765.43. Can it push past resistance, or is a correction coming? Letâs break it down!
đ Key Levels:
đč Resistance: $88,765 â A breakout above this could trigger a strong rally!
đč Support: $87,138 (SAR Level) â Holding above this keeps bulls in control.
đč Major Support: $84,800 â If broken, expect a larger pullback.
đ 3 Potential Targets:
đŻ Target 1: $89,500 â Minor resistance, breaking it confirms bullish continuation.
đŻ Target 2: $91,000 â If BTC holds momentum, this level is next!
đŻ Target 3: $93,000+ â A psychological milestone if buying pressure stays strong.
đ Indicators to Watch:
â SAR (0.02, 0.2): $87,138.60 â Uptrend is intact!
â Volume: 23,097 BTC traded â Strong liquidity in the market.
â Depth: 5.46% â Market is active, but resistance is near.
đĄ Trading Strategy:
Bullish Setup: Buy if BTC breaks $88,765, targeting $89,500â$91,000.
Bearish Setup: Short if BTC drops below $87,138, targeting $84,800â$83,500.
Risk Tip: Adjust stop-loss at $86,500 to manage downside risk.
đ„ Will Bitcoin hit $90K soon, or is a pullback incoming? Drop your thoughts below! đđ„
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