Bitcoin Breaks or Falls: $87,000 Makes or Breaks Rally

Bitcoin's recent price surge may have further room to run according to Zoran Kresovic, a senior analyst at Blueberry Markets. He believes that if Bitcoin breaks above the $85,000 to $87,000 range, it could open up another move higher.

Kresovic points out that the relationship between tech stocks, investor sentiment, and cryptocurrency flows is playing a significant role in Bitcoin's rally.

He identifies $90,000 to $95,000 as a potential short-term target if key levels are broken. However, it's essential for investors to be aware of this price threshold before making any investment decisions.