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

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

Analyst AlphaBTC believes that Bitcoin may consolidate in the $93,000 to $95,000 range before breaking out and rising above $100,000.