Bitcoin Price Stabilizes After Surge, Eyes Further Gains
- Bitcoin is trading above $93,200, consolidating gains.
- The price moved past key resistance levels at $91,500 and $92,500.
- A bullish trend line supports Bitcoin at $92,000 on the hourly chart.
- Immediate resistance is near $94,000, with further resistance at $94,650.
- If Bitcoin surpasses $94,650, it may test the $95,500 level.
- Major support levels are identified at $93,000 and $92,000.
Bitcoin’s price remains stable above the crucial support of $88,000 and continues to consolidate gains. It is poised for potential upward movement if it clears the critical resistance zone of $94,650.
Source (2.6)https://www.newsbtc.com/analysis/btc/bitcoin-price-stabilizes-93500/?rand=52377
