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Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $90K-$91K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\n Related: <\/strong><\/em>Bitcoin risks 10%-15% BTC price dip after key rejection near $89K<\/strong><\/em><\/a><\/p>\n According to Moreno, the traders’ realized price usually acts as resistance when the crypto market is bearish, which is the current situation of Bitcoin.<\/p>\n This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n <\/p>\n Bitcoin (BTC<\/a>) rallied above $89,000 on April 22, its highest level since early March, buoyed by strong spot demand during US trading hours on April 21. The recovery, however, faced a serious challenge in breaking above $90,000 as sell-side liquidity blocked the way.<\/p>\n Data from Cointelegraph Markets Pro<\/a> and TradingView<\/a> shows that the price has been steadily moving toward the $89,000 level over the last six hours, leading to questions about whether the barrier at $90,00 will finally give in.<\/p>\n “BTC is closing in on the big $ 90 K-$91 K horizontal area which acted as the previous range low,” said<\/a> popular trader Daan Crypto Trades in an April 22 post on X. <\/p>\n The trader explained that the price had swept the $89,000 level as it was consolidating below it. Note that the 200-day simple moving average (SMA) is currently located just above this level, reinforcing its significance.<\/p>\n Daan Crypto Trades said that the price needs to overcome these barriers in order to confirm a breakout. <\/p>\n “Quite a few resistances close by, but a few percentage moves and you’ll break through all of them, and the chart looks pretty great. Bulls know what to do.”<\/p><\/blockquote>\n Meanwhile, CryptoQuant’s head of Research, Julio Moreno, said<\/a> that the traders’ onchain realized price between $91,000 and $92,000 is the real test for Bitcoin bulls. <\/p>\nBitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n
Bitcoin price faces stiff resistance on the upside<\/h2>\n
Bitcoin price breaking $91-$92K is key — Analyst<\/h2>\n