Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Bitcoin hovers below key resistance level, analysts show clear disagreement over future trend

Bitcoin hovers below key resistance level, analysts show clear disagreement over future trend

AIcoinAIcoin2026/04/09 10:37
Show original
Bitcoin price is holding near $71,200, without breaking through the key resistance at $75,000. Bloomberg analyst Mike McGlone warns that failure to break through could see it drop to $10,000; Fundstrat analyst Tom Lee believes the market bottom is already behind us. Ethereum price remains relatively stable, while MANA and AERO have risen by 6%. The surge in MANA is mainly due to a 25% spike in leveraged open interest. Traders are watching to see if Bitcoin can break through and hold above $75,000, which could drive capital inflows into the oversold altcoin sector.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"

"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.

智通财经•2026/11/13 07:48
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"

Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”

Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

华尔街见闻•2026/11/13 07:48
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”