BTC has been rising all the way, breaking through the previous platform resistance and standing above the key 92,400 level. The important support levels below are 92,400 and 91,000, while 94,000 and 96,000 are two key resistance levels above. After a significant rally, selling pressure is bound to be released. The consolidation range is mostly concentrated between 92,000-94,000. Once market consensus is formed, it is expected to break through 94,000 in one go.$BTC
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BTC has been rising all the way, breaking through the previous platform resistance and standing above the key 92,400 level. The important support levels below are 92,400 and 91,000, while 94,000 and 96,000 are two key resistance levels above. After a significant rally, selling pressure is bound to be released. The consolidation range is mostly concentrated between 92,000-94,000. Once market consensus is formed, it is expected to break through 94,000 in one go.$BTC