Bitcoin Pullback the Next Logical Move Amid Stiff Resistance, Says Crypto Analytics Firm – Here Are the Targets - The Daily Hodl

Crypto Technical Analysis Report

As the crypto bull run begins to cool off, the market is seeing a mild intraday correction. The total crypto market capitalization stands at $2.88 trillion, reflecting a slight 0.67% dip in the past 24 hours. Bitcoin, which surged over 9% in the last week, is currently trading at $93,174 after a 0.89% pullback. Ethereum is showing signs of resistance near the $1,800 level, struggling to maintain upward momentum. Among altcoins, Solana and XRP ar…

Bitcoin Pullback the Next Logical Move Amid Stiff Resistance, Says Crypto Analytics Firm – Here Are the Targets - The Daily Hodl

Prominent crypto analytics firm Swissblock says Bitcoin (BTC) may first pull back before heading higher after reclaiming the $90,000 range. Swissblock says on the social media platform X that Bitcoin may correct to as low as $89,000 after running up against strong resistance in the mid-$90,000s. “The $94,000-$95,000 zone is clearly the resistance to beat. A pullback to gain momentum seems like the next logical move, but how far? The $89,000-$90,…