Analyst: BTC needs to rise back to $90,000 to end the current consolidation

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MarsBit
03-24
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Mars Finance News, market analyst Daan Crypto Trades suggests that BTC might continue to consolidate within the current range for some time, especially if $90,000 cannot be reclaimed. He noted that BTC price movement has been "volatile" since March 11th. However, if the price returns to the previous range (above $90,000), sentiment and momentum would become favorable for bulls, and once this occurs, BTC could quickly reach a new high. But if it fails to break through $90,000, BTC may potentially retest the price levels between $73,000 and $74,000. (Cointelegraph)

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