Three Key Levels For Bitcoin: Top Analysts Caution Against Potential Drop Below $70,000

After a robust start to the year, Bitcoin (BTC) ha

Three Key Levels For Bitcoin: Top Analysts Caution Against Potential Drop Below ,000

Three Key Levels For Bitcoin: Top Analysts Caution Against Potential Drop Below $70,000

After a robust start to the year, Bitcoin (BTC) has encountered significant resistance that has hindered its recovery trajectory, resulting in a brief dip below the $90,000 mark over the last few days. As analysts evaluate the situation, they have identified crucial levels that will influence Bitcoin’s short-term price movements.

The daily chart shows BTC’s retrace below $90,000 and its subsequent recovery to current trading levels following increased volatility. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

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