Bitcoin Analysis

Bitcoin is currently facing a key resistance at $98,000. A breakout above this level could lead to a new all-time high.

However, there are corrective signals suggesting a potential drop toward $93,828. If this level is broken, the next target would be $90,946, with a final support level around $88,545.

Bitcoin is currently trading in a very attractive zone.

The market is in need of easing decisions from the Federal Reserve to stimulate further growth and support a major breakout.