Bitcoin Price Still Has A Chance To Clear $90,000 If It Breaks This Level 📉
The Bitcoin price has been on a downward trend, failing to reclaim $90,000 after being dragged down by bears from above $100,000. Recently, it bounced back to $83,000 but doubts remain about the continuation of the bull run.
Crypto analyst RLinda suggests that the Bitcoin price is showing positive signs after falling over 20% from its all-time high, but major resistance levels must be overcome to confirm a breakout.
The first crucial level is $86,190, which if properly cleared, could lead to further increases. Next resistance lies at $88,800 on the path to $90,000.
However, if the resistance is not cleared, further price drops could occur, with support at $83,170 and next at $78,170.
Source: www.newsbtc.com ↗
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