The most stubborn resistance in front of the price of Bitcoin and the next target of the market!
On the other hand, in-network indicators show the improveme of buyers’ situation. Cryptocurrency platform data shows that the selling pressure in the spot market has decreased and the order flow has reached a balance. Also, the clearing of leveraged positions has provided space for the ery of new capital, which indicates the health of the market.
The coinuation of Bitcoin’s upward trend now depends on breaking the $93,000 resistance. If the buyers succeed in conquering this resistance, the path will be paved to touch the $98 and $100,000 targets again. However, the possibility of a temporary correction up to $88,000 to attract liquidity is not out of the question.
