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Analyst: BTC needs to rise back to 90,000 USD in order to end the current ongoing consolidation

Analyst: BTC needs to rise back to 90,000 USD in order to end the current ongoing consolidation

Bitget2025/03/24 12:15

ChainCatcher reports, according to Cointelegraph, market analyst Daan Crypto Trades suggests that Bitcoin may continue to consolidate in the current range for a while, especially if it fails to reclaim $90,000. He pointed out that since March 11th, BTC's price trend has been "fluctuating", but if the price returns to its previous range (above $90,000), sentiment and momentum will once again favor bulls. Moreover, once this happens, Bitcoin could quickly reach new highs. However, if it does not break through $90k mark , Bitcoin might potentially retest the price level of $73k-$74k.

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