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

cryptoweekly by cryptoweekly
April 20, 2025
in bitcoin, News
0

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.

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  • $330K Bitcoin block win: How one solo miner outsmarted the odds
  • Korean biotech firm bought by Parataxis for Bitcoin treasury use
  • The SEC’s staking guidance pivot is what tech-savvy regulation looks like
  • South Korean young people turning to crypto out of desperation
  • Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no
  • Solana DEX Jupiter suspends DAO voting until 2026 to focus on DeFi growth
  • XRP onchain data shows why $3 is out of reach for now

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