CandleFocus Analytics Company Announces Critical Level Required for Bitcoin Price to “Jump to $142,000 or $233,000”
2024-11-16
Author: Content Editor
Crypto analytics firm Alphractal has identified a crucial moment for Bitcoin as it approaches a key “concern zone” around $93,500. This zone has historically been a resistance level where profits and losses intersect for both short- and long-term investors. If Bitcoin manages to break through this zone, it could target the next resistance level at $115,600. Alphractal highlighted the importance of breaking above the concern zone for BTC's upward momentum, as failure to do so could result in consolidation and limited price increases.
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