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Analysis: $95,000 is a key short-term stop loss for BTC, Bitcoin appears to be regaining its bullish momentum

Analysis: $95,000 is a key short-term stop loss for BTC, Bitcoin appears to be regaining its bullish momentum

CointimeCointime2025/04/23 07:11
By:Cointime

On April 23, according to official news from Matrixport, the price of Bitcoin has risen to $93,632, and the recent strong rebound has validated the optimistic outlook for Bitcoin. With the market's concerns about Trump's tariff remarks diminishing, speculative activity has significantly increased, and the number of open positions has sharply risen. Although the key short-term stop-loss level of $95,000 has not been broken, with the strengthening market confidence, this breakthrough may soon be achieved. Bitcoin seems to be regaining its bullish momentum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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