Bitcoin Eyes Fresh Rally Above $87K

Bitcoin's recent rally may have more room to run according to senior analyst Zoran Kresovic. He points out that a key resistance level needs to be broken for this to happen.

The $85,000 to $87,000 range is seen as a crucial barrier by Kresovic, and if Bitcoin can break above it, another move higher could occur.

Kresovic believes that the relationship between tech stocks, investor sentiment, and cryptocurrency flows is influencing Bitcoin's price action. He identifies $90,000 to $95,000 as a potential short-term target if this key level is broken.