Bitcoin (BTC) has shown positive movement even though the crypto market is still in a consolidation phase. Currently, Bitcoin is still moving at the level of US $88,000-89,000 or around Rp1.47-Rp1.49 billion.
In the last 24 hours, Ajaib recorded Bitcoin rising 1.08% to move to US$88,900 (Rp1.48 billion). This strengthening indicates that buying interest is still maintained, although medium-term volatility has not completely subsided.
Financial Expert Ajaib, Panji Yudha, explained that this movement is an attempt by Bitcoin to break through the threshold of 90,000 US dollars (Rp1.5 billion) which failed repeatedly last week, and this week BTC has the potential to reach the level of 94,000 US dollars (Rp1.57 billion).
"In line with Bitcoin, Ethereum (ETH) also shows an effort to stay above the psychological level of 3,000 US dollars (Rp50.3 million)," said Panji in his statement.
The $90,000 area (Rp1.5 billion) is an important psychological resistance. If Bitcoin is able to break through and stay above this level with high volume support, the opportunity for further strengthening will open.
Conversely, failure to break through the resistance has the potential to trigger a re-consolidation to the support area below 88,000 US dollars (Rp. 1.47 billion). This increase is also said to provide a positive signal, but the medium-term trend still needs further confirmation.
With strong market dominance, limited supply, and position as the main crypto asset, Bitcoin remains the main focus of market participants.
Investors are advised to pay attention to the movement of volume, price reaction, and global market dynamics as a determinant of the direction of BTC. Today, Bitcoin has the potential to move around $88,000-91,500 (Rp1.47-Rp1.53 billion).
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