Analyst Says Bitcoin’s Most Crucial Support Level Is At $91,200 — What’s Next?

The price of Bitcoin has started the month of May with a similar bullish impetus as in the final weeks of April, making a push for the psychologically relevant $100,000 level. With the premier cryptocurrency seemingly back on the bullish track, a prominent crypto analyst has emerged with a warning of sorts for BTC investors extremely optimistic about the coin’s future trajectory. BTC Price Could Continue Upward Movement If Support Holds In a May 2 post on the X platform, crypto platform Burak Kesmeci has put forward an interesting outlook on the current Bitcoin setup, identifying a price level that may be critical to the coin’s long-term health. The online pundit dove into BTC’s price structure and its potential future movements based on the Pi Cycle Top indicator source: https://www.newsbtc.com/news/bitcoin/bitcoins-most-crucial-support-level-is-at-91200/