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Bitcoin’s Bullish Fate Hinges On These 2 Resistance Zones – Details

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Bitcoin’s Bullish Fate Hinges On These 2 Resistance Zones – Details - NewsBTC

Quick Summary:

According to the crypto analyst, the first resistance lies at $85,470 which marks the upper boundary of a price barrier that begins at $83,023.Notably, 1.13 million wallet addresses have traded 607,200 BTC within this price range suggesting a strong historical activity that backs potential heavy selling pressure at these levels.

If Bitcoin bulls can push past this initial threshold, the next resistance zone lies at $92,950 – the lower boundary of another price ceiling that extends to $95,514.

Related Reading: Bitcoin’s Safe, Saylor Says, While Trump Waves The Tariff Sword Bitcoin Must Break Past $85,470 And $92,950 – Here’s Why Over the past month, Bitcoin has struggled to maintain a sustained uptrend, with investor uncertainty dominating the market.

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Article Details

Author / Journalist: Semilore Faleti

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-05 @ 14:00:27 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 451 words

Reading Time: 3 minutes read

Sentences: 70 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 27602413

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 3 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 18 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #102

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