As of now, Bitcoin (BTC) is trading at $89,800. The previous high reached $93.2k, and we're still anticipating that BTC could hit $99,000 in the near future. However, we should expect multiple rejections along the way before the price reaches that level.
๐ What to Expect:
๐ด Rejections: Bitcoin may face rejection near $93.2k, so prepare for some pullbacks before it pushes higher.
๐ข Support: If BTC dips towards the $89k-$86k range, we could see a reaction towards the upside.
๐ฅ Market Sentiment:
Expect volatility as BTC tests these levels multiple times.
A breakout above $93k could fuel the next leg toward $99k.
๐จ Trading Tip:
Stay alert for rejections at key levels, but keep a positive outlook for a breakout to $99k.
Manage your risk by adjusting stop-losses and watch for signs of strength after a rejection.
Stay tuned for more updates! ๐ฅ๐
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