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Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics Newsbtc 20時間前

Bitcoin Price Must Hold Above $97K To Sustain Momentum – Metrics 📈

Avalanche Cardano Chainlink Bitcoin

Bitcoin has been trading sideways since mid-January, hovering between its all-time high and the crucial support level of $97,750. While bulls anticipate a breakout, bears speculate that the cycle might have peaked. The support at $97,190 is pivotal, according to analyst Ali Martinez, as it could determine BTC's trajectory towards $110K or a deeper correction.

This level has been a crucial demand point, and maintaining it is vital for the bull market. Traders are attentively watching whether Bitcoin will sustain this level and push into new highs.

Currently trading at $101,200, Bitcoin has demonstrated resilience above $100K, but a breach of this level could signal consolidation, leading to a broader market rally or a potential correction.

出典: www.newsbtc.com ↗

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