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#Can BTC Break 90K?#
If BTC surpasses 90K, it could break a new all-time high (ATH).
Bitcoin has been in a strong uptrend in recent weeks, and investors are now eyeing the $90,000 level. If this critical resistance is breached, BTC could set a new all-time high (ATH) and gain new momentum for price movements.
Why is the $90,000 level important?
- In addition to being a psychological resistance, this area is seen as a strong decision point in technical analysis.
- It could be an important exit zone for long-term investors.
- Successfully surpassing 90K may indicate that buyers have taken control.
So what happens next?
If BTC closes above $90,000, the target could be $95,000 and then $100,000. However, if a rejection is seen from this level, the possibility of a short-term correction should not be overlooked.
In this analysis, we will closely monitor important levels and possible scenarios. While market volatility continues, it is always important to maintain risk management.
Note: This is not an investment advice. Do your own research and take risks into account.