Bitcoin's next big resistance is $95K— What will trigger the breakout?
Bitcoin’s price rose to a new range high at $94,700 on April 23, its highest value since March 2. Several analysts said the next psychological resistance remains at $95,000, and the price might drop to test support levels below.
“The $94K–$95K zone is clearly the resistance to beat,” said Swissblock in an April 24 post on X. The onchain data provider asserted that the next logical move for Bitcoin would be a pullback toward the $90,000 zone to gain momentum for a move higher. “The $89K–$90K zone could be next to test bulls, but with BTC’s structure strength, these dips are for buying.”
BTC/USD chart. Source: Swissblock
Popular Bitcoin analyst AlphaBTC opined that the asset will likely consolidate in the $93,000-$95,000 range “before pushing higher to take liquidity above 100K.” Several bullish signs suggest that BTC is well-positioned to break above $95,000 in the following days or weeks.
Source: CoinTelegraph
Futures Market Updates
Bitcoin Futures Updates
Ether Futures Updates
Top 3 OI Surges
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized AI company Nous Research receives $50 million investment from Paradigm
Trump admin’s new self-driving vehicle rules will mainly benefit Musk’s Tesla
Share link:In this post: Trump’s Transportation Department is updating the self-driving crash-reporting rule. Only fatal crashes or those involving pedestrians must be reported for Level 2 systems like Tesla’s Autopilot. Critics say the change reduces transparency while giving Tesla a break from frequent crash reports.
Trending news
MoreCrypto prices
More








