According to BlockBeats, 10x Research has released an analysis report stating that Bitcoin's short-term upward movement is limited by resistance levels of $94,000-$95,000. Two reversal indicators have turned bearish, and the stochastic indicator has risen to 95%, suggesting short-term downside risks. However, analysts believe this is merely a short-term consolidation phase before breaking through $100,000.
Bitcoin Faces Short-Term Resistance but Expected to Break $100,000
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BTC
95,105.02
-0.15%
