Analysis: $95,000 May Be Bitcoin's Next Key Resistance Level

Blockbeats
24 Apr

BlockBeats News, April 24th, according to Cointelegraph, several analysts have indicated that $95,000 is the next key resistance level for Bitcoin, and the price may fall to test the support below. The price may then test the $89,000 to $90,000 range, but given Bitcoin's strong structure, these pullbacks are seen as buying opportunities.

Analyst AlphaBTC believes that Bitcoin may consolidate in the range of $93,000 to $95,000 and then rise to break through $100,000.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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