CryptoQuant: Bitcoin's resistance level could be around $91,000 to $92,000

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ODAILY
04-22
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Odaily Planet Daily News Research Director Julio Moreno stated on X platform that the resistance level for Bitcoin's price might be around $91,000 to $92,000, which coincides with the on-chain realized price for traders. According to the analysis, when the market is in a bull market (bull market score ≥ 60), this realized price typically serves as support; while in a bear market (bull market score ≤ 40), it acts as resistance. The current market is still considered to be in the latter situation.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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