10x Research: Bitcoin May Surpass $100,000 After Short-Term Consolidation

According to Blockbeats, the latest analysis from 10x Research shows that Bitcoin has encountered resistance in the $94,000-$95,000 range. Two reversal indicators have turned bearish, and the stochastic oscillator has risen to 95%, suggesting short-term downside risk. However, analysts believe this is merely a short-term consolidation phase before surpassing $100,000.