Shocking! Is Bitcoin going to soar to 95,000?
The big rebound in the crypto market has finally arrived.
However, in the short term, Bitcoin may encounter some resistance around 87,400, as this is a previous high point and may face temporary obstacles. But from a larger trend perspective, there is no doubt that we are in a rebound upward trend, with both the bottom and the top gradually rising, and the overall trend is upward.
The usual pattern in the crypto market is that Bitcoin rises first, giving the market a clear signal, and then altcoins will follow with significant rebounds. For short-term trading, Bitcoin may face some pressure at the previous highs of 87,400 and Ethereum at 2,068, so it might be wise to take some profits and wait for a pullback to re-enter.
If you are holding low-leverage or spot positions long-term, then just hold on and do not move. By early April, after the negative news about Trump's tariffs is digested, the market may welcome a larger rebound. The recent declines have indeed been torturous, and those who can persist are true warriors.
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