Analysis: Bitcoin needs to break through the key resistance level of $98,000, otherwise the "Trump trade" may be over

ChainCatcher news, according to Cointelegraph, market analysis suggests that the upward momentum of Bitcoin due to the so-called "Trump trade" may have come to an end, unless its price can break through the key resistance level of $98,000.

Cryptocurrency trader and analyst Michaël van de Poppe pointed out that Bitcoin may not see significant upward momentum before breaking the resistance level of $98,000.