Analyst: BTC needs to rise back to $90,000 to end the current consolidation
2025-03-24 11:51
Odaily News Market analyst Daan Crypto Trades said that Bitcoin may continue to consolidate in the current range for a while, especially if $90,000 cannot be recovered. He pointed out that BTC price action has been "volatile" since March 11, but if the price returns to the previous range (over $90,000), sentiment and momentum will be back in favor of the bulls, and once this happens, Bitcoin may soon hit a new high. "But if it does not break through $90,000, Bitcoin will likely retest the $73,000 to $74,000 price level. (Cointelegraph)
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