Analysis: BTC Faces Significant Resistance in the $94,000-$95,000 Range, Possible Pullback
Cryptocurrency analysis firm Swissblock stated that Bitcoin is currently facing significant resistance in the $94,000-$95,000 range. The market is expected to undergo a pullback to gather momentum for further upward movement, with the pullback potentially testing support levels in the $89,000-$90,000 range. However, given Bitcoin's structural strength, these pullbacks are seen as buying opportunities.
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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