Price predictions 5/8: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, ZEC, BCH
60-second summary
Bitcoin is attracting buyers on each dip, but technical charts hint at potential struggles surpassing the $84,000-$92,000 resistance cluster. This resistance zone has been a formidable barrier for bulls, and a successful breakout could propel Bitcoin to new highs, while a failure to overcome it may lead to a deeper correction, affecting the overall market sentiment and investor confidence.
Bitcoin continues to find buyers on each dip, but charts suggest traders may struggle to overcome the $84,000-$92,000 resistance cluster.