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10x Research: Bitcoin is facing resistance around 94,000 to 95,000, and may experience short-term consolidation before breaking through 100,000.
PANews, April 28 - 10x Research pointed out that although Bitcoin is hovering in the resistance range of $94,000 to $95,000, bearish signals have strengthened in the short term, but South Korean crypto retail traders may soon turn to a certain altcoin. Two reversal indicators have turned bearish, and the stochastic oscillator has reached 95%, indicating potential downside risk in the short term. However, this may be a brief consolidation phase before breaking through $100,000.