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Analysis: Bitcoin needs to break through the key resistance level of $98,000, otherwise the "Trump trade" may have ended

Analysis: Bitcoin needs to break through the key resistance level of $98,000, otherwise the "Trump trade" may have ended

Bitget2024/12/03 13:18
BTC+0.35%

ChainCatcher reports, according to Cointelegraph, market analysis suggests that the upward momentum of Bitcoin generated by the so-called "Trump trade" may have ended unless its price can break through the key resistance level of $98,000.

Cryptocurrency trader and analyst Michaël van de Poppe pointed out that Bitcoin might not see a significant uptrend before breaking through the resistance level of $98,000.

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.
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