On February 23rd, according to a report by Cointelegraph, the anonymous digital trader Pentoshi stated: "The return of BTC may lead to a breakout of a new price discovery phase to the $106,000 range." However, Pentoshi suggests that if the price of BTC falls to the support range between $92,000 and $94,000, the next support level could be around $85,000, as BTC has not traded at this price since November 12th.
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On February 23rd, according to a report by Cointelegraph, the anonymous digital trader Pentoshi stated: "The return of BTC may lead to a breakout of a new price discovery phase to the $106,000 range." However, Pentoshi suggests that if the price of BTC falls to the support range between $92,000 and $94,000, the next support level could be around $85,000, as BTC has not traded at this price since November 12th.