The post Will BTC Price Revisit $91K This Week? appeared on BitcoinEthereumNews.com.

In a recent Telegram post RektProof, a crypto trader, outlined his plan on Bitcoin price. In which, he explains the price could be forming a key demand zone that could be key in pushing BTC to $91K, a level last seen two weeks ago. As of Saturday, March 22, 2025, BTC’s value is up 0.22% today and stuck in the $84K to $85K region. Ethereum (ETH) is up 1.14% and is close to revisiting the $2,000 psychological level. Bitcoin Price Will Reach $91K if This Happens, Says Crypto Trader RektProof Rektproof, one of the most renowned crypto traders, posted his analysis on Bitcoin price. The recent telegram post shows BTC price hovering inside the $84K to $81.1K daily demand zone. Inside this daily demand, RektProof outlines a potential four-hour demand zone, stretching from $84.3K to $83.1K which could be the support zone that propels the crypto market higher. BTC/USDT 4-hour chart If the crypto trader’s outlook comes true, i.e., if Bitcoin price creates the four-hour demand zone, it could bounce 3.74% to the most recent swing high at $87,500, formed on March 19. Beyond this first target, the price could extend to $91,279, which is the key high-volume node formed in early March.  In one of his early posts, crypto trader RektProof also notes $95K as the next key resistance level to watch, should the bullish momentum continue. Will Bitcoin Bounce Here? According to data from CoinGlass, there is a possibility of a potential dip before Bitcoin price can move higher. The $83.1K level contains nearly $1M worth of liquidity, which might be tapped before a sustained move to the upside. A high dense liquidity pool exists around $84K to $85K, which coincides with the levels noted by crypto trader RektProof. Other liquidity levels include $86.8K, $88K and $90K. BTC…

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Filed under: News - @ March 22, 2025 2:12 pm