What’s your opinion, do you think it will pass above the current resistance zone of $95,000 in a few days or not ?
In fact - bitcoin has broken through the $95K resistance, but the problem is that bitcoin seems to be struggling to maintain that price for much longer. We know how the market behaves - prices that usually rise quickly tend to correct quickly. The rise in the last few days is certainly good - but it is still difficult to expect $95K to be a strong support. In another thread - I said I am optimistic about touching $100K by the end of this month, but hopefully $95K can be a strong support.
Yeah, and we have seen this from the past, it's not that easy to break those kind of prices as there are traders that are going to sell at $95k to gain some profits. And it might take like 2-3 tries to break this barrier and then go on the next price which is $98k.
So let things settle for a bit, after all it's almost the end of the week and it's good to see that currently for this month of April we are already +14% and this could increase or decrease depending on the price before the end of the week. But definitely, we should be in the green zone.