Bitcoin Coils Near Highs as Bulls Defend Gains Ahead of Resistance
Bitcoin price started a fresh increase above $92,500. BTC is now consolidating gains and might attempt an upside break above $93,500.
As Ethereum (ETH) continues to experience a significant price downturn, recording a 17% drop over the past month, key resistance levels have emerged as critical points for the second-largest cryptocurrency. Analysts suggest that these levels could ignite a potential trend reversal if reclaimed.
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Bitcoin price started a recovery wave above $90,000. BTC is now consolidating and might soon aim for a move above the $91,500 zone.