Bitcoin may retest $94K support amid market consolidation
May 28, 2025, 9:51 AM
Bitcoin (BTC) is consolidating above $100,000, with whales increasing their holdings, according to Cointelegraph. Analyst Keith Alan suggests that if a correction occurs, support could form around $94,000, near the 21-week moving average. The $112,000 level currently holds the highest selling pressure. Meanwhile, leveraged trades by whale James Wynn continue to influence market sentiment.
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