Bitcoin’s $100K comeback hinges on $98K breakout and spot demand- Source: CoinTelegraph

Bitcoin rallied 10% from its yearly open near $87,500 before stalling below resistance, but analysts say the price remains positioned for higher targets if key supply levels are reclaimed and spot demand continues to build.

Key takeaways:

• -Bitcoin must take out resistance at $98,000 to trigger a rally to a six-figure BTC price.

• -Spot demand and spot ETF inflows must persist for a breakout to $100,000.

Story continues: https://cointelegraph.com/news/bitcoin-analysts-this-must-happen-100k-btc-price-comeback