#BTCvsMarkets The price of Bitcoin

reached a new high at USD 94,700 on April 23, its highest value since March 2.

Several analysts claim that the next psychological resistance is still at USD 95,000, and that the price could fall to test support levels below.

"The USD 94K- USD 95K zone is clearly the resistance to beat," said Swissblock in a post on April 24 on X.

The onchain data provider stated that the next logical move for Bitcoin would be a pullback towards the USD 90,000 zone to gain momentum for a higher move.