Bitcoin Ready To Reclaim $90,000? BTC’s ‘Next Big Move’ Could Come Next Week
Bitcoin (BTC) has struggled to reclaim the $85,000-$86,000 zone despite recent weekly performance, trading between $83,000-$86,000 after recovering from a sub-$80,000 correction. The price recovery followed a pause in tariffs by the US President on over 75 countries, pushing BTC above $80,000. Analysts note Bitcoin is retesting key levels, including the downtrend line and the Daily 200 Exponential Moving Average (EMA). A breakout above $90,000-$91,000 is anticipated if BTC can surpass the mid-range resistance of $85,000-$86,000. However, low trading volumes during the Easter weekend may limit significant price movements. Current price action mirrors May 2021 trends before a bull run, with strong spot buying pressure needed to break resistance and resume the rally. Bitcoin is currently priced at $84,521, reflecting a 1.2% weekly increase.
