Analyst Says Bitcoin Could Rally to $93,000 Above $84K

Analyst identifies $84,000 as a breakout trigger, with a potential rally toward $93,000 if Bitcoin closes above the level on the four-hour chart. Bitcoin’s RSI stands at 52.48, while its negative MACD histogram signals mixed momentum as BTC approaches resistance between $84,000 and $85,000. Darkfost reports $685 billion in Bitcoin capital held at a loss, compared with less than $400 billion in profit, despite over 70% of supply remaining profitable. Bitcoin is approaching $84,000, a level analyst Ali Charts identifies as the trigger for a possible rally toward $93,000.

Source: Crypto Front News