Bitcoin must hold above $95K or face short-term rejection: Bitfinex

Key takeaways:Bitcoin must maintain above $95,000 to have a chance at retesting its $109,000 all-time high; failure to hold could lead to a deeper correction, crypto analysts warn. Several crypto analysts told Cointelegraph in March that Bitcoin may have a chance of reaching new all-time highs in June. The upcoming Federal Reserve decision on May 7 could influence Bitcoin’s price movement over the coming days. Bitcoin needs to continue to hold above the $95,000 level for a chance to climb back and retest its all-time high, or face an even deeper correction, crypto analysts say source: https://cointelegraph.com/news/bitcoin-price-95k-hold-short-term-rejection-bitfinex-crypto-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound