Bitcoin struggles to surpass $94,000, facing resistance and volatility, uncertain short-term direction.

From Cointelegraph

March 4, 2025 11:07 PM:

Bitcoin struggles to surpass $94,000 after recent dip, facing resistance according to Bitfinex analysts. Spot market sell-pressure nullifies Trump-induced gains, with Bitcoin currently at $87,190. Analysts unsure of short-term price direction, with potential for further downside. Volatility expected until genuine buyers enter market, with Fear & Greed Index at “Extreme Fear” level. Market awaits US CPI release on March 12 and Fed interest rate decision on March 19.

Read more at Cointelegraph: Bitcoin will face ‘significant resistance’ reclaiming $94K: Analysts