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๐๐ฎ๐ป #๐๐ง๐ ๐๐ผ๐น๐ฑ ๐๐ฏ๐ผ๐๐ฒ $98,850 ๐ณ๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ฎ๐ถ๐ป๐?
Bitcoin (BTC/USD) is trading at $98,399, attempting a breakout from a symmetrical triangle pattern. If BTC holds above $98,892, it could rally toward $100,594, a key resistance level aligned with the Fibonacci 0.618 retracement.
The 50-EMA at $97,277 is providing support, keeping the bullish momentum intact. A drop below $97,183 could lead to further losses, with $95,089 as the next major #support .
#Traders should watch for buying volumeโa strong push above resistance could confirm the breakout, while weak momentum may keep BTC range-bound.
Technical Outlook:
โขBTC must stay above $98,892 to sustain bullish momentum.
โขThe 50-EMA at $97,277 acts as immediate support.
โขA break below $97,183 could send BTC toward $95,089.
Bitcoinโs short-term trend hinges on breaking resistance, with a potential move toward $100,500 if buying pressure increases.
#HotTopicDiscussion #BTC