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BTC/USDT Analysis: Key Levels to Watch
Bitcoin has shown a significant move after breaking out from the symmetrical triangle pattern. However, the price is now in a pullback phase, presenting a critical moment for traders to monitor closely.
🔸 Support Level at $97100:
This level is a crucial support zone. If Bitcoin holds here, we could witness a strong bounce back, signaling renewed bullish momentum.
🔸 Break Below $97100:
Should the price fail to sustain above this level, it could trigger another downward move, leading to further price correction.
🔸 Market Outlook:
This is a pivotal area for BTC/USDT, and the coming sessions will determine its next direction. Traders should keep a close eye on this support zone and manage their positions accordingly.
📊 Stay updated and always use proper risk management in your trades!
#GT Hits ATH – What’s Next?