Bitcoin gets $90K short-term target amid warning support ‘isn’t safe’

Bitcoin exchange order book liquidity analysis suggests that BTC price action may make a break for lower levels before challenging sellers at $90,000.

Bitcoin (BTC) tapped 3-day lows into the April 20 weekly close as analysis warned of a fresh liquidity grab next.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping 1.5% to $83,974 on the day before rebounding.

Still broadly less volatile over the weekend, Bitcoin sought to stem the week’s downside as doubts appeared over the strength of nearby support.

Read more