Wed, 06 Mabitcoin

Bitcoin short-term holder cost basis eyes $92K as next price target

Burns Brief

Bitcoin’s onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.

Bitcoin’s onchain data suggests that the upside may not be over for BTC price, but resistance at $84,000 could delay the recovery.

Key Takeaways