Bitcoin Eyes $90,000 as Resistance Levels Tested
- Bitcoin has traded between $83,000 and $86,000 over the past week.
- The cryptocurrency recovered from a sub-$80,000 correction earlier this month.
- A temporary pause in US tariffs on over 75 countries contributed to BTC’s recovery above $80,000.
- Bitcoin is testing its four-month downtrend line and the Daily 200 EMA and MA.
- Analysts suggest breaking the $85,000-$86,000 range could push BTC above $90,000.
As of now, Bitcoin is priced at $84,521, marking a weekly increase of 1.2%. Analysts highlight that surpassing key resistance levels could lead to further gains.
Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-ready-to-reclaim-90000-btcs-next-big-move-could-come-next-week/?rand=52377