Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?

As Bitcoin (BTC) breaks out of key resistance leve

Bitcoin Nears ‘Historic’ Technical Test As Price Eyes ,500 Barrier – What’s Next?

Bitcoin Nears ‘Historic’ Technical Test As Price Eyes $93,500 Barrier – What’s Next?

As Bitcoin (BTC) breaks out of key resistance levels, an analyst suggests that the cryptocurrency is positioning itself for a move to higher levels and a retest of a crucial technical area in the coming weeks.

Bitcoin’s 21-week and 50-week EMAs are near a crossover. Source: Rekt Capital
BTc’s performance in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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