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Coin Edition
2025-04-23 03:16:00

Bitcoin Flexes its Muscle to Clear Key Resistance Zone, Eyes $100K as Momentum Builds

Bitcoin price surges past key resistance, trading near $93,000, highest since early March Major altcoins (ETH, XRP, DOGE, SOL, SUI) follow Bitcoin’s upward momentum with gains Analysts now see the earlier resistance near $91,500 as the new support; sentiment positive Bitcoin kicked off the week with a strong rally, pushing above $89,000 to hit its highest price since early March. Now trading near $92,991 Wednesday morning, this move marks a significant recovery of nearly 20% from its April lows, standing out especially as traditional stock markets continue to show declines. Analysts believe the surge is being fueled by growing institutional demand, fresh inflows into Bitcoin ETFs, and a weakening U.S. dollar. Several major cryptocurrencies are following Bitcoin’s upward momentum. Ethereum (ETH) has climbed over 1% and is now trading above $1,640. XRP is also seeing gains, up 0.6% as it tests the $2.10 mark. Dogecoin (DOGE), the popular meme coin, has jumped 3.6% and is trading above 16 cents. Solana (SOL) has added 3%, while Sui has surged by 6%. Key Levels Shift After Bitcoin’s Surge With Bitcoin breaking higher, key technical levels come into focus.… The post Bitcoin Flexes its Muscle to Clear Key Resistance Zone, Eyes $100K as Momentum Builds appeared first on Coin Edition .

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