BTC/USDT Technical Analysis – Key Levels & Outlook

Sep 1

📊 BTC/USDT Technical Analysis – Key Levels & Outlook 🚀🔻

The chart shows Bitcoin (BTC/USDT) trading around 109,066 with clear support & resistance zones marked. Let’s break it down professionally with key levels:

🔑 Key Support & Resistance Zones

🟪 Major Resistances (Upside Targets):

111,885 🟪

114,704 🟪

116,011 🟪

118,831 🟪

121,031 🟪

123,223 – 124,000 (Strong resistance ceiling 🚧🔥)

🔴 Major Supports (Downside Protection):

105,489 🔴

102,532 🔴

100,537 🔴

98,405 (Critical breakdown level ⚠️)

📈 Bullish Scenario (Green Arrow 🚀)

If BTC holds above 109,000–110,000 support, we may see a push towards 111,885 first, followed by 114,704 → 118,831 → 121,031.
Strong momentum could even test 123,223 – 124,000, which is the ultimate resistance zone.

📉 Bearish Scenario (Blue Arrow 🔻)

If BTC fails to hold 109,000, price may drop towards 105,489 → 102,532 → 100,537.
A strong breakdown below 98,405 would signal deeper weakness, opening doors to further decline. ⚠️

🎯 Conclusion

Market is currently in a decision zone (109K area).

✅ Holding above 109K = bullish continuation 🚀

❌ Breaking below 109K = bearish drop 🔻

📌 Traders should watch 109,000 closely as the pivot point.

Sep 2

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