Bitcoin could hit $95,000 — But it needs to break this level

Bitcoin rally could extend, targeting $90,000 to $95,000 if it breaks above $87,000, says senior analyst Zoran Kresovic

Bitcoin’s latest rally could have further room to run, with Zoran Kresovic pointing to the relationship between tech stocks, investor sentiment and cryptocurrency flows.

He says a break above the $85,000 to $87,000 range could open the door to another move higher.

The Blueberry Markets senior analyst explains why Bitcoin is behaving like a risk on asset and identifies $90,000 to $95,000 as a potential short term target if key levels are broken.