TechFlow news, March 24 — According to Cointelegraph, cryptocurrency market analyst Daan Crypto Trades stated on social media platform X that Bitcoin needs to reclaim $90,000 to end its current consolidation phase. The analyst noted that since March 11, Bitcoin’s price action has been volatile, failing to establish a consecutive upward or downward trend on the daily chart.
Daan Crypto Trades added that only when Bitcoin re-enters the previous range above $90,000 will market sentiment and momentum turn bullish again, potentially leading to new all-time highs soon. If this level is not reclaimed, Bitcoin could retest the support zone between $73,000 and $74,000.
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