10x Research: Bitcoin Poised to Break $100,000 After Short-Term Consolidation

BlockBeats News, April 28th - 10x Research has released an analysis report stating that, in the short term, the $94,000-$95,000 resistance range will continue to limit Bitcoin's upward momentum. Two reversal indicators have turned bearish, with the Stochastic indicator rising to 95%, implying a short-term downside risk. However, analysts believe this is only a short-term consolidation phase before breaking through the $100,000 mark.