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Bitcoin Price Could Reclaim $95,000 — But Watch Out For This Resistance Level

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Bitcoin Price Could Reclaim $95,000 — But Watch Out For This Resistance Level - NewsBTC

Quick Summary:

According to Martinez, if the Bitcoin price successfully breaks out of this pattern, investors could see the premier cryptocurrency register a bullish 15% move to around $95,000.$87,000 Could Prove Pivotal To This BTC Move Martinez revealed in a separate post that the Bitcoin price might need to overcome a major resistance level to resume its bull run.

Related Reading: XRP Bulls Eye $5 Target: Key Levels To Watch For Potential Breakout This bullish prediction is based on the formation of a symmetrical triangle on the four-hour Bitcoin price chart.

This confluence range seemingly forming on the daily timeframe of the Bitcoin price chart would consist of the 50-day and 200-day moving averages (MAs) and a descending trendline.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-06 @ 02:00:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 27614944

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 2 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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