Based on Cryptofrontnews, Bitcoin is currently in a reload zone following a sharp price drop, with analysts identifying three potential price paths. These include a recovery above $93,000, a retest of the $78,000 demand zone, or a drop to $69,000 as a max-pain liquidity pocket. Analyst Merlijn The Trader notes that each path reflects different market structures and sentiment shifts. Additionally, discussions around MicroStrategy’s Bitcoin treasury strategy and the potential for some firms to trade below mNAV have emerged, highlighting broader market concerns.
Bitcoin in Reload Zone as Analysts Outline 3 Possible Critical Price Paths Ahead
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