Cryptocurrency analytics firm MarktQuant has identified critical levels in Bitcoin's price trajectory that investors should pay attention to. The firm emphasizes the importance of the $98,400 resistance level for bullish momentum, and failure to break out of this level could result in a pullback and potential support testing in the $90,000-$92,000 range. MarktQuant expects buying interest to emerge in this range in the event of a pullback, but warns that a drop into this zone could trigger significant liquidations and increase volatility. The analysis also highlights significant liquidation clusters in the $94,000-$96,000 range, which could lead to market volatility.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-11-30
Analytics Company Shares Key Price Levels That Will Determine Bitcoin’s Fate