In a recent market analysis, 10x Research has pinpointed two critical support levels for Bitcoin (BTC) amid its current correction: $89,000 and $75,000. These levels are anticipated to serve as strong foundations, potentially halting further declines and providing a base for future upward movements.
The analysis suggests that the market may require several days or even weeks to regain sufficient momentum to drive prices higher. This indicates a likely period of consolidation, during which Bitcoin's price may stabilize before any significant uptrend resumes.
