Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Analyst: BTC needs to rise back to 90,000 USD in order to end the current ongoing consolidation

Analyst: BTC needs to rise back to 90,000 USD in order to end the current ongoing consolidation

Bitget2025/03/24 12:15

ChainCatcher reports, according to Cointelegraph, market analyst Daan Crypto Trades suggests that Bitcoin may continue to consolidate in the current range for a while, especially if it fails to reclaim $90,000. He pointed out that since March 11th, BTC's price trend has been "fluctuating", but if the price returns to its previous range (above $90,000), sentiment and momentum will once again favor bulls. Moreover, once this happens, Bitcoin could quickly reach new highs. However, if it does not break through $90k mark , Bitcoin might potentially retest the price level of $73k-$74k.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!