Bitcoin futures (BTC1!) are trading at $99,665 (+0.44%). Key resistance is at $102,000-$102,500, acting as a price magnet with potential selling pressure. A breakout above signals bullish momentum to $105,500-$105,750. Support is at $98,500-$98,000, aligned with the developing VWAP. A 30-minute close below $96,500 turns bearish, targeting $93,700. Manage risk and trade Bitcoin at you own risk.
Watch out for these upcoming levels for BTCUSDT, for example 91,350. That's where the bitcoin liquidation dominoes start falling for leveraged traders, and things could get wild. There will also be traders that will be looking to play a bounce up just under that. Always trade bitcoin at your own risk.
