Following Bitcoin price, since April 22 we’ve seen it fluctuate between $91500 and $94500 and many are monitoring its price movement. Traders are uncertain and finding it difficult to predict its next major price action. Personally, i keep thinking if the price consolidation will end this week and hopefully we see a break through above $95k.
What’s your opinion, do you think it will pass above the current resistance zone of $95,000 in a few days or not ?
Hard to say with certainty, but the current consolidation does feel like it’s building toward a breakout. If volume picks up and macro conditions stay stable, I wouldn’t be surprised to see Bitcoin test and possibly push past the $95k resistance soon. Still, it’s Bitcoin so anything can happen fast.