Bitcoin Stuck Below $80,000: What’s Coming Next?
Posted On April 9, 2025
Bitcoin (CRYPTO: BTC) is struggling to get back above the $80,000 level, which traders have identified as a crucial area of resistance.
What Happened: In an X post on Tuesday, crypto trader Emperor provided a detailed analysis of Bitcoin stating that it has recently tapped into a high-confluence buy zone at $74,000–$76,000, where he had placed his long orders.
With a bounce underway, he now marks $80,000–$81,000 as the key level to watch.
Emperor explained that …
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