Is Bitcoin heading towards 95,000?
The crypto world has finally welcomed a major rebound! However, in the short term, Bitcoin may encounter some resistance around the previous high of 87,400, which could be a bit challenging, but this is only temporary. Overall, we have to admit that we are in a rising trend, with both the bottom and top continuously increasing.
The usual pattern in the crypto market is that Bitcoin rises first, setting an example for everyone, and then those altcoins follow up with significant rebounds. For short-term trading, levels like BTC at 87,400 and ETH at 2,068, which are previous highs, may have certain pressure, so it might be wise to take some profits first and wait for a pullback to re-enter.
If you are using low leverage or holding spot long-term, then just hold steady and don’t move. After the negative news regarding tariffs from Trump in early April, there could be an even greater rebound ahead. The recent declines have truly been torturous; those who can endure are the masters among masters, and now we finally see hope—congratulations to everyone!
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