The Cryptocurrency market registered a major change in the trend this week. After a rather slow period in recent weeks, Bitcoin (BTC) moved over the $ 90,000 mark. The king’s coin was entangled in a route that began in March. This came as a great shock to the market when BTC began the year on a hooked note. The asset even continued to register a maximum of $ 109,114.88. But Bitcoin failed to keep this momentum and came crashed down to a low of $ 74,436. This caused increased chaos on the market.
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Bitcoin Kickstart’s recovery phase
The asset’s latest increase strengthens the possibility of BTC recovering the land of $ 100,000. According to the latest information included by crypto analyst Ali Martinez witnessed the BTC market increased purchase activity. In a recent post on X, Martinez revealed that a new peak in the purchasing pressure was shown by Bitcoin Net Kaker volume at Binance. This metric reached a new monthly highlight of about $ 62 million. Investors can expect an increase in the price of bitcoin.
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Here is when the king’s coin can recover $ 100K
According to COINCOX data, the world’s largest Cryptocurrency can beat $ 100,000 sooner rather than later. The company revealed that the asset can trade at a high of $ 102,967 on April 26. Bitcoin will register a massive nail of 10% during this period.
