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

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ODAILY
03-24
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Odaily Planet Daily News Market analyst Daan Crypto Trades suggests that Bitcoin may continue to consolidate within its current range for some time, especially if it fails to reclaim $90,000. 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, Bitcoin could quickly reach a new high. Conversely, if it does not break through $90,000, Bitcoin may potentially retest the price levels between $73,000 and $74,000. (Cointelegraph)

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