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Bitcoin Bulls are Back in Charge After Failure at $94,000
The $94000 level has provided a stubborn resistance for Bitcoin with a sharp move to $89,200. The current bounce will need to return above the resistance for a chance of bullish activity. Some analysts see the recent bearish activity in BTC as a cap on any near-term strength. Retail investors will be looking at gold and silver, rather than crypto, and institutions may be cautious after recent bearishness. Trader Roman said on X: “I still believe 76k is coming and all this sideways movement is just a reset to get there. I don’t see any signs of reversal, and HTF is still very bearish”. But BlackRock added almost ... (full story)
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