10x Research: Bitcoin is blocked from $94,000 to $95,000, and may face short-term consolidation before breaking $100,000 On April 28, crypto research firm 10x Research released an analysis report stating that Bitcoin is currently hovering in the resistance range of $94,000 to $95,000, and bearish signals have been strengthened in the short term. At the same time, the two reversal indicators have turned bearish, and the current stochastic oscillator indicator has also risen to 95%, indicating that there may be certain downside risks in the short term. However, some analysts believe that this may be just a brief consolidation phase before Bitcoin breaks through $100,000. In addition, the report also mentioned that South Korean crypto retail traders may soon turn their attention to a certain altcoin. This may indicate that despite Bitcoin’s pressure in the current resistance range, the entire crypto market remains vibrant and investor interest may shift from different tokens to each other. In summary, although changes in market sentiment and fluctuations in technical indicators are reminding us that short-term adjustments may be inevitable. But this adjustment may not be a bad thing, it may lay the foundation for subsequent breakthroughs. After all, no increase is smooth, and adjustments may be the market accumulating strength. What do you think about Bitcoin hovering in the resistance range of 94,000 to 95,000 US dollars this time? Do you think it will soon exceed $100,000, or will it continue to consolidate for a while? #Bitcoin #Cryptocurrency #Market Analysis #10xResearch