Will Bitcoin price reclaim $95K before the end of March?

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The story "Will Bitcoin price reclaim $95K before the end of March?" was covered 12 hours ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph 12h ago

Will Bitcoin price reclaim $95K before the end of March? - Coin Telegraph

Quick Summary:

Bitcoin liquidity clusters at $84K-$85KAfter Bitcoin's (BTC) price tumbled on March 9, it rebounded to test the overhead resistance zone between $84,000 and $85,000 three times, spurring traders to aggressively build short positions in this range.

Binance, Coinbase orderbooks.Source: Aggr.tradeOn March 12, a similar discrepancy was observed, with Binance spot traders selling near the $85,000 resistance, as Coinbase traders defended the price at $81,000 during the early US trading session, avoiding further downside.

Related: Bitcoin must secure weekly close above $89K to confirm bottom has passedBitcoin analyst Mark Cullen underlined a similar outlook for Bitcoin but warned that the price continues to move “correctively,” implying further sideways movement before a short squeeze.