Bitcoin

BTC/USD Analysis (1H Chart)

268
Current Price: 97,318 USD (Bearish -1.88%)

Resistance: 98,744 USD (If price rejects, it may drop)

Support Levels: 95,781 USD and 94,734 USD

Possible Move:

If BTC fails to break 98,744 USD, it may fall to 95,781 USD and 94,734 USD.

If BTC breaks above 98,744 USD, it could rise towards 102,569 USD.


Trade Idea:

Sell near resistance (98,744 USD) with targets at 95,781 USD & 94,734 USD.

Buy near strong support (94,734 USD) if reversal signs appear.


Risk Management: Use small lot sizes and stop-loss above resistance or below support.

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