Bitcoin (BTC) has been making significant moves in the cryptocurrency market, with its price surpassing $82,500. However, analysts predict that strong selling pressure from bears could be encountered at around $84,000, with a potential target of $96,000 if this level is breached. Despite escalating trade tensions between the US and China, institutional crypto investment firm Bitwise remains optimistic about Bitcoin, maintaining a year-end target of $200,000.

Crypto market data indicates that US-listed spot Bitcoin exchange-traded funds saw outflows on April 9 and 10, suggesting a cautious sentiment among market participants. The question on everyone's mind is whether Bitcoin can break and sustain above the overhead resistance and if altcoins will follow Bitcoin’s upward

Source: https://cointelegraph.com/news/price-analysis-4-11-btc-eth-xrp-bnb-sol-doge-ada-leo-link-avax?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound